secwatch.observer — SEC 8-K summary
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Issuer:     MCGRATH RENTCORP (MGRC)
CIK:        0000752714
Form:       8-K
Filed at:   2025-09-08T23:59:59+00:00
Accession:  0000950170-25-113536
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

McGrath RentCorp issues $75M of 5.30% Senior Notes due 2032
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- Issued $75M aggregate principal of 5.30% Series G Senior Notes to Prudential affiliates on Sept 8, 2025.
- Notes mature Sept 8, 2032; interest payable semi-annually starting March 8, 2026.
- Unsecured obligation guaranteed by Mobile Modular, Enviroplex, and Vesta Housing subsidiaries.
- Covenants include maximum leverage ratio and minimum fixed charge coverage ratio.
- Prepayment permitted in increments of $5M plus make-whole amount.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/752714/000095017025113536/0000950170-25-113536-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/752714/000095017025113536/mgrc-20250908.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-113536

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