United Rentals Prices Senior Notes Offering

Apr 12, 2001, 01:00 ET from United Rentals, Inc.

    GREENWICH, Conn., April 12 /PRNewswire/ -- United Rentals, Inc.
 (NYSE:   URI) today announced that it priced $450 million of 10-3/4% Senior
 Notes due 2008.  The size of the offering was increased from $300 million in
 response to market demand.  The Company also expects to obtain a $1.5 billion
 senior secured bank facility concurrently with the sale of the Notes.  If
 completed, the proceeds from these financings will be used to repay and
 replace the Company's existing $1.6 billion bank facility and for other
 general corporate purposes.
 
     The Notes are being offered pursuant to Rule 144A and Regulation S under
 the Securities Act of 1933.  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 or an applicable
 exemption from the registration requirements.
 
 

SOURCE United Rentals, Inc.
    GREENWICH, Conn., April 12 /PRNewswire/ -- United Rentals, Inc.
 (NYSE:   URI) today announced that it priced $450 million of 10-3/4% Senior
 Notes due 2008.  The size of the offering was increased from $300 million in
 response to market demand.  The Company also expects to obtain a $1.5 billion
 senior secured bank facility concurrently with the sale of the Notes.  If
 completed, the proceeds from these financings will be used to repay and
 replace the Company's existing $1.6 billion bank facility and for other
 general corporate purposes.
 
     The Notes are being offered pursuant to Rule 144A and Regulation S under
 the Securities Act of 1933.  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 or an applicable
 exemption from the registration requirements.
 
 SOURCE  United Rentals, Inc.