Nov 10 (Reuters) - United Rentals Inc on
Tuesday sold $500 million of senior notes, said IFR, a Thomson
Reuters service.
The size of the deal was increased from an originally planned $400 million.
Wells Fargo, Bank of America and Morgan Stanley were the joint bookrunning managers for the sale.
BORROWER: UNITED RENTALS INC
AMT $500 MLN COUPON 9.25 PCT MATURITY 12/15/2019 TYPE SR NTS ISS PRICE 98.382 FIRST PAY 6/15/2010 MOODY'S B3 YIELD 9.50 PCT SETTLEMENT 11/17/2009 S&P SINGLE-B SPREAD 601 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: UNITEDRENTALS DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The size of the deal was increased from an originally planned $400 million.
Wells Fargo, Bank of America and Morgan Stanley were the joint bookrunning managers for the sale.
BORROWER: UNITED RENTALS INC
AMT $500 MLN COUPON 9.25 PCT MATURITY 12/15/2019 TYPE SR NTS ISS PRICE 98.382 FIRST PAY 6/15/2010 MOODY'S B3 YIELD 9.50 PCT SETTLEMENT 11/17/2009 S&P SINGLE-B SPREAD 601 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: UNITEDRENTALS DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.