Edition:
United States

United Rentals Inc (URI.N)

URI.N on New York Stock Exchange

163.65USD
12 Dec 2017
Change (% chg)

$-0.17 (-0.10%)
Prev Close
$163.82
Open
$164.00
Day's High
$165.85
Day's Low
$163.37
Volume
185,036
Avg. Vol
297,158
52-wk High
$165.85
52-wk Low
$100.65

Latest Key Developments (Source: Significant Developments)

United Rentals Announces Extension Of Exchange Offer For URNA’s 4.875% Senior Notes Due 2028
Wednesday, 6 Dec 2017 07:47pm EST 

Dec 6 (Reuters) - United Rentals Inc ::UNITED RENTALS ANNOUNCES EXTENSION OF EXCHANGE OFFER FOR URNA’S 4.875% SENIOR NOTES DUE 2028.UNITED RENTALS - AS RESULT OF EXTENSION, EXCHANGE OFFER IS NOW SCHEDULED TO EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON DEC 15, UNLESS FURTHER EXTENDED.  Full Article

United Rentals reports Q3 adjusted earnings per share $3.25
Wednesday, 18 Oct 2017 04:15pm EDT 

Oct 18 (Reuters) - United Rentals Inc :United Rentals announces third quarter 2017 results.Q3 adjusted earnings per share $3.25.Q3 GAAP earnings per share $2.33.Q3 revenue $1.766 billion versus I/B/E/S view $1.71 billion.Q3 earnings per share view $2.98 -- Thomson Reuters I/B/E/S.Qtrly ‍pro forma rental revenue increased 8.9% year-over-year​.‍Raised 2017 gross capex plan by up to $200 million.Sees FY 2017 revenue $6.525 billion to $6.625 billion‍​.  Full Article

United Rentals says co, subsidiaries entered into a lender joinder agreement
Friday, 29 Sep 2017 04:48pm EDT 

Sept 29 (Reuters) - United Rentals Inc :United Rentals Inc- on September 29, 2017, co, subsidiaries entered into a lender joinder agreement - SEC Filing.United Rentals - pursuant to agreement lenders to provide additional U.S. Revolving credit commitments of $500 million under agreement dated Mar 31, 2015.United Rentals Inc- pursuant to agreement, aggregate amount available under loan facility was increased to $3 billion.United Rentals Inc - AbL facility matures on June 8, 2021.  Full Article

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

BRIEF-United Rentals Says Co, Units Entered Into Amendment No. 7 To Third Amended & Restated Receivables Purchase Agreement

* UNITED RENTALS INC - ON DECEMBER 1, CO, UNITS ENTERED INTO AMENDMENT NO. 7 TO THIRD AMENDED & RESTATED RECEIVABLES PURCHASE AGREEMENT