United Rentals Completes Financings

Apr 20, 2001, 01:00 ET from United Rentals, Inc.

    GREENWICH, Conn., April 20 /PRNewswire/ --
 United Rentals, Inc. (NYSE:   URI) announced today that it has completed the
 sale of $450 million of 10-3/4% Senior Notes due 2008 and that it has
 concurrently obtained a $1.5 billion senior secured bank facility.  The
 proceeds from the $1.95 billion in new financings will be used to repay and
 replace the Company's prior bank facility and for other general corporate
 purposes.
 
     The Notes have not been registered under the Securities Act of 1933 and,
 accordingly, may not be offered or sold in the United States absent
 registration under the Securities Act of 1933 or an applicable exemption from
 the registration requirements.
 
 

SOURCE United Rentals, Inc.
    GREENWICH, Conn., April 20 /PRNewswire/ --
 United Rentals, Inc. (NYSE:   URI) announced today that it has completed the
 sale of $450 million of 10-3/4% Senior Notes due 2008 and that it has
 concurrently obtained a $1.5 billion senior secured bank facility.  The
 proceeds from the $1.95 billion in new financings will be used to repay and
 replace the Company's prior bank facility and for other general corporate
 purposes.
 
     The Notes have not been registered under the Securities Act of 1933 and,
 accordingly, may not be offered or sold in the United States absent
 registration under the Securities Act of 1933 or an applicable exemption from
 the registration requirements.
 
 SOURCE  United Rentals, Inc.