United Rentals Inc. Secures $4.5 Billion Loan Facility in New Credit Agreement with Bank of America and Other Financial Institutions
United Rentals, Inc. has entered into a Fifth Amended and Restated Credit Agreement as of July 10, 2025, with Bank of America N.A. and other financial institutions. This agreement establishes a senior secured asset-based loan facility valued at $4.5 billion, contingent on availability under a borrowing base. The facility is designed to accommodate borrowings by Canadian, European, and ROW Borrowers in various currencies, including Canadian Dollars, Euros, and Sterling. Additionally, $175 million of this facility is earmarked exclusively for ANZ Borrowers. The agreement also allows for an uncommitted incremental increase of up to the greater of $2 billion or Suppressed Availability. This new credit agreement replaces the existing senior secured asset-based loan facility involving United Rentals and its subsidiaries, enhancing their financial flexibility and global operational capabilities.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. United Rentals Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-067406), on July 11, 2025, and is solely responsible for the information contained therein.
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