Edition:
United States

United Rentals Inc (URI)

URI on New York Consolidated

132.31USD
22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

United Rentals announces pricing of offering of $750 million of senior notes due 2025
Friday, 8 Sep 2017 05:32pm EDT 

Sept 8 (Reuters) - United Rentals Inc :United Rentals announces pricing of offering of $750 million of senior notes due 2025 and $750 million of senior notes due 2028.United Rentals - ‍2028 notes will be issued at issue price of 100.25 pct of principal amount plus accrued interest from August 11, 2017, for yield of 4.844 pct​.  Full Article

United Rentals and United Rentals Receivables LLC II enters into agreement
Tuesday, 29 Aug 2017 04:46pm EDT 

Aug 29 (Reuters) - United Rentals :United Rentals-‍On Aug 29, Co, United Rentals (North America), United Rentals Receivables LLC II entered into assignment, acceptance agreement & amendment no. 6​.United Rentals says ‍purchase limit for facility, aggregate commitments of banks under facility were increased from $625 million to $675 million - SEC filing.United Rentals Inc- Under amendment, expiration date of facility was extended until August 28, 2018 and may be further extended on a 364-day basis.United Rentals-‍Amendment no. 6 was to Sept 24, 2012 third amended, restated receivables purchase agreement by, among URNA, SPV, co, several purchasers.‍On Aug 29, Co, URNA, SPV also entered into assignment, acceptance agreement & amendment no. 4.United Rentals-‍Amendment no. 4 was to Sept 24, 2012​ third amended, restated purchase & contribution agreement by, among URNA, SPV, co, several purchasers.  Full Article

Neff Corp says to pay to United Rentals termination fee of $21.96 mln upon termination of merger under specified circumstances
Monday, 28 Aug 2017 08:18am EDT 

Aug 28 (Reuters) - Neff Corp ::Neff Corp says upon termination of merger under specified circumstances, co will be required to pay to united rentals a termination fee of $21.96 million.  Full Article

United Rentals expands power & HVAC fleet with acquisition of portable power assets
Tuesday, 22 Aug 2017 05:46pm EDT 

Aug 22 (Reuters) - United Rentals Inc :‍Has acquired power equipment assets, primarily mobile rental generator sets, from Cummins Inc​.‍Acquisition involves Cummins mobile rental generator fleet, which ranges from 150 kilowatts to 2 megawatts in output​.  Full Article

Appaloosa LP cuts share stake in GM, ups in Thermo Fisher
Monday, 14 Aug 2017 04:35pm EDT 

Aug 14 (Reuters) - Appaloosa LP : :Appaloosa LP says cuts share stake in General Motors to 1.9 million shares from 5.2 million shares - SEC filing‍​.Appaloosa LP says ups share stake in Thermo Fisher Scientific to 375,000 shares from 160,000 shares - SEC filing‍​.Appaloosa LP says ups share stake in United Rentals Inc by 64.2 percent to 1.2 million shares - SEC filing‍​.Appaloosa LP - Change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017 ​.  Full Article

United Rentals announces pricing of $925 mln of 4.875 pct senior notes due 2028
Friday, 28 Jul 2017 04:10pm EDT 

July 28 (Reuters) - United Rentals Inc :United Rentals announces pricing of $925 million of 4.875 pct senior notes due 2028.United Rentals Inc - ‍subsidiary has priced its offering of $925 million principal amount of 4.875 pct senior notes due 2028​.  Full Article

United Rentals unit is offering $925 mln principal amount of senior notes due 2028
Friday, 28 Jul 2017 09:03am EDT 

July 28 (Reuters) - United Rentals Inc ::United Rentals announces proposed offering of $925 million of senior notes due 2028.United Rentals Inc -unit is offering $925 million principal amount of senior notes due 2028.United Rentals-to use proceeds from offering and additional borrowings to redeem outstanding $925 million principal amount of 6.125% senior notes due 2023.  Full Article

United Rentals reports Q2 adj. EPS $2.37, raises 2017 guidance
Wednesday, 19 Jul 2017 04:15pm EDT 

July 19 (Reuters) - United Rentals Inc :United rentals announces second quarter 2017 results.Q2 adjusted earnings per share $2.37.Q2 GAAP earnings per share $1.65.Q2 revenue $1.597 billion versus i/b/e/s view $1.56 billion.Q2 earnings per share view $2.29 -- Thomson Reuters I/B/E/S.United rentals inc - raises 2017 guidance.United rentals inc sees FY 2017 total revenue $6.25 billion to $6.40 billion.United rentals sees FY17 net rental capital expenditures $1.05 billion to $1.15 billion, after gross purchases of $1.55 billion to $1.65 billion.United rentals sees fy17 adjusted EBITDA $2.95 billion to $3.03 billion.  Full Article

United Rentals reports Q1 gaap earnings per share $1.27
Wednesday, 19 Apr 2017 04:15pm EDT 

April 19 (Reuters) - United Rentals Inc -:United Rentals announces first quarter 2017 results.Q1 adjusted earnings per share $1.63.Q1 gaap earnings per share $1.27.Q1 revenue $1.356 billion versus i/b/e/s view $1.33 billion.Q1 earnings per share view $1.48 -- Thomson Reuters I/B/E/S.United Rentals Inc - raises 2017 guidance to reflect acquisition of nes rentals.United Rentals Inc sees fy 2017 total revenue $6.05 billion to $6.25 billion.United rentals inc sees 2017 adjusted ebitda $2.835 billion to $2.985 billion.United Rentals Inc sees 2017 free cash flow $800 million to $900 million.Fy2017 revenue view $6.09 billion -- Thomson Reuters I/B/E/S.  Full Article

United Rentals CEO Michael Kneeland's FY 2016 total compensation was $11.64 mln vs $8.1 mln in FY 2015
Tuesday, 21 Mar 2017 04:48pm EDT 

United Rentals Inc :CEO Michael Kneeland's FY 2016 total compensation was $11.64 million versus $8.1 million in fy 2015 - sec filing.  Full Article

BRIEF-United Rentals announces pricing of offering of $750 million of senior notes due 2025

* United Rentals announces pricing of offering of $750 million of senior notes due 2025 and $750 million of senior notes due 2028