---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-216693"
form_type: "8-K"
ticker: "MGRC"
cik: "0000752714"
company_name: "MCGRATH RENTCORP"
filed_at: "2026-05-11T20:00:19+00:00"
generated_at: "2026-05-11T20:01:29.043511+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# McGrath RentCorp closes $725M credit facility, up from $650M, maturing 2031

## Summary
- New five-year $725M revolving credit facility replaces existing $650M line; matures May 8, 2031.
- Facility includes $40M sublimit for standby letters of credit and $20M sublimit for swingline loans.
- Proceeds used for working capital, capital expenditures, and general corporate purposes.
- Bank of America serves as Administrative Agent; U.S. Bank and Wells Fargo as Co-Syndication Agents.

## SEC filing metadata
- accession: 0001193125-26-216693
- form_type: 8-K
- ticker: MGRC
- cik: 0000752714
- company_name: MCGRATH RENTCORP
- filed_at: 2026-05-11T20:00:19+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/752714/000119312526216693/0001193125-26-216693-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/752714/000119312526216693/mgrc-20260508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-216693
- JSON: https://secwatch.observer/filing/0001193125-26-216693.json
- Plain text: https://secwatch.observer/filing/0001193125-26-216693.txt

## Key facts
- Debt Financings
  MCGRATH RENTCORP amended revolving credit of $725,000,000 with Bank of America, N.A. maturing May 8, 2031.
  - Instrument: revolving credit
  - Principal: $725,000,000
  - Counterparty: Bank of America, N.A.
  - Maturity: May 8, 2031
  - Event: amendment
  source text: On May 8, 2026, McGrath RentCorp, a California corporation (the “Company”), entered into a Third Amended and Restated Credit Agreement with (i) Bank of America, N.A., serving as Administrative Agent, Swingline Lender and L/C Issuer, (ii) BofA Securities, Inc., serving as Joint Lead Arranger and Sole Bookrunner, (iii) U.S.
  evidence_url: https://www.sec.gov/Archives/edgar/data/752714/000119312526216693/0001193125-26-216693-index.htm
- Material Agreements
  MCGRATH RENTCORP entered into Third Amended and Restated Credit Agreement with Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer, BofA Securities, Inc., as Joint Lead Arranger and Sole Bookrunner, U.S. Bank N.A. and Wells Fargo Bank, N.A. as Joint Lead Arrangers and Co-Syndication Agents, and a syndicate of other lenders valued at $725,000,000 (effective 2026-05-08).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer, BofA Securities, Inc., as Joint Lead Arranger and Sole Bookrunner, U.S. Bank N.A. and Wells Fargo Bank, N.A. as Joint Lead Arrangers and Co-Syndication Agents, and a syndicate of other lenders
  - Value: $725,000,000
  - Effective: 2026-05-08
  source text: On May 8, 2026, McGrath RentCorp, a California corporation (the “Company”), entered into a Third Amended and Restated Credit Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/752714/000119312526216693/0001193125-26-216693-index.htm

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