New Issue-RSC Equipment Rental sells $200 mln 10-yr notes

Tue Nov 3, 2009 10:28am EST

  Nov 3 (Reuters) - RSC Equipment Rental Inc and RSC Holding
III LLC units of RSC Holdings Inc (RRR.N), late on Monday
jointly sold $200 million of senior notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
  Deutsche Bank, Morgan Stanley, Bank of America, JP Morgan,
Wells Fargo, and Barclays were the joint bookrunning managers
for the sale.
BORROWER: RSC EQUIPMENT RENTAL INC/
        RSC HOLDING III LLC
AMT $200 MLN      COUPON 10.25 PCT    MATURITY 11/15/2019
TYPE SNR NTS      ISS PRICE 98.477    FIRST PAY 5/15/2010
MOODY'S Caa2      YIELD 10.50 PCT     SETTLEMENT 11/17/2009
S&P B-MINUS       SPREAD 708 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 5 YRS 

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