United Rentals $2.5 billion financing

31/3/2015

Financing

Value:

$ 2.5 billion

Status:

Completed

Date:

31/3/2015

Overview:

United Rentals has obtained $2.5 billion in financing.
A portion is available for borrowing in Canadian dollars.
BofA Merrill Lynch acted as lender.
The proceeds will be used to refinance existing debt and for working capital needs.

Kurt Stumpo - Journalist

Jurisdictions:

Canada
United States

Deal type:

Financing

Practice area:

Banking

Industry sector:

Consumer goods and services

Firms:

Arnold & Porter

Party: BofA Merrill Lynch (Lender)

Sullivan & Cromwell

Party: United Rentals (Borrower)

Lawyer: S Neal McKnight

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