debt
confidence high
sentiment neutral
materiality 0.50
Sunbelt Rentals prices $1.2B senior notes: $450M 4.950% due 2030, $750M 5.650% due 2036
Sunbelt Rentals Holdings, Inc.
- Priced $450M 4.950% Senior Notes due 2030 at 99.627% of par.
- Priced $750M 5.650% Senior Notes due 2036 at 99.048% of par.
- Offering expected to close July 14, 2026, subject to customary conditions.
- Net proceeds for general corporate purposes, including debt refinancing and capex.
- Notes sold in private offering to QIBs and non-U.S. persons; not registered under Securities Act.