---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-033017"
form_type: "8-K"
ticker: null
cik: "0001047166"
company_name: "UNITED RENTALS NORTH AMERICA INC"
filed_at: "2024-03-11T23:59:59+00:00"
generated_at: "2026-06-04T23:38:49.292726+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# United Rentals issues $1.1B 6.125% senior notes due 2034 tied to Yak acquisition

## Summary
- URNA issued $1.1B aggregate principal of 6.125% Senior Notes due March 15, 2034, interest payable semi-annually.
- Notes are senior unsecured obligations of URNA, guaranteed by URI and certain domestic subsidiaries.
- Special mandatory redemption at par if Yak Access acquisition not closed by June 3, 2024 or deal terminates.
- Optional redemption at make-whole prior to March 15, 2029; thereafter at premiums declining from 103.063%.
- Covenants include limits on liens and merger/asset sales; covenants may cease if notes become investment grade.

## SEC filing metadata
- accession: 0001104659-24-033017
- form_type: 8-K
- cik: 0001047166
- company_name: UNITED RENTALS NORTH AMERICA INC
- filed_at: 2024-03-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047166/000110465924033017/0001104659-24-033017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1047166/000110465924033017/tm248403d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-033017
- JSON: https://secwatch.observer/filing/0001104659-24-033017.json
- Plain text: https://secwatch.observer/filing/0001104659-24-033017.txt

## Key facts
- Debt Financings
  UNITED RENTALS NORTH AMERICA INC incurred senior notes of $1,100,000,000 aggregate principal amount with Truist Bank at 6.125% per year maturing March 15, 2034.
  - Instrument: senior notes
  - Principal: $1,100,000,000 aggregate principal amount
  - Counterparty: Truist Bank
  - Rate: 6.125% per year
  - Maturity: March 15, 2034
  - Event: incurrence
  source text: On March 11, 2024, United Rentals (North America), Inc. (“URNA”) completed an offering of $1,100,000,000 aggregate principal amount of its 6.125% Senior Notes due 2034 (the “Notes”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047166/000110465924033017/0001104659-24-033017-index.htm
- Material Agreements
  UNITED RENTALS NORTH AMERICA INC entered into Indenture with Truist Bank valued at $1,100,000,000 aggregate principal amount (effective 2024-03-11).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Truist Bank
  - Value: $1,100,000,000 aggregate principal amount
  - Effective: 2024-03-11
  source text: United Rentals (North America), Inc. (“URNA”) completed an offering of $1,100,000,000 aggregate principal amount of its 6.125% Senior Notes due 2034 (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), or outside the United States to certain persons in reliance on Regulation S under the Securities Act. The Notes were issued pursuant to an indenture, dated as of March 11, 2024 (the “Indenture”), among URNA, United Rentals, Inc. (“URI”), certain domestic subsidiaries of URNA (the “Subsidiary Guarantors” and, together with URI, the “Guarantors”), and Truist Bank, as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047166/000110465924033017/0001104659-24-033017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.