secwatch / observer
8-K filed June 16, 2023, 7:59 PM ET CIK 0001047166
debt confidence high sentiment neutral materiality 0.55

UNITED RENTALS NORTH AMERICA INC: debt financing — United Rentals upsizes receivables facility by $200M to $1.3B

UNITED RENTALS NORTH AMERICA INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

UNITED RENTALS NORTH AMERICA INC amended credit facility of $1,300,000,000 with The Bank of Nova Scotia, PNC Bank, National Association, Truist Bank, MUFG Bank, Ltd., The Toronto-Dominion Bank.

Instrument
credit facility
Principal
$1,300,000,000
Counterparty
The Bank of Nova Scotia, PNC Bank, National Association, Truist Bank, MUFG Bank, Ltd., The Toronto-Dominion Bank
Event
amendment
Exact text from the filing
the Purchase Limit for the facility (as amended, the “Amended A/R Facility”) and the aggregate commitments of the Banks under the Amended A/R Facility were increased from $1,100,000,000 to $1,300,000,000.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

UNITED RENTALS NORTH AMERICA INC amended Amendment No. 15 to Third Amended and Restated Receivables Purchase Agreement with Liberty Street Funding LLC, Gotham Funding Corporation, GTA Funding LLC, The Bank of Nova Scotia, PNC Bank, National Association, Truist Bank, MUFG Bank, Ltd., The Toronto-Dominion Bank valued at $1,300,000,000 (effective 2023-06-16).

Action
amendment
Agreement
credit facility
Counterparty
Liberty Street Funding LLC, Gotham Funding Corporation, GTA Funding LLC, The Bank of Nova Scotia, PNC Bank, National Association, Truist Bank, MUFG Bank, Ltd., The Toronto-Dominion Bank
Value
$1,300,000,000
Effective
2023-06-16
Exact text from the filing
On June 16, 2023, United Rentals, Inc. (the “Company”), United Rentals (North America), Inc. (“URNA”) and United Rentals Receivables LLC II (the “SPV”) entered into Amendment No. 15 to Third Amended and Restated Receivables Purchase Agreement (the “Amendment”)
View on SEC.gov

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Source: SEC EDGAR
accession 0001104659-23-072252
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