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McGrath RentCorp completes $725 million five-year credit facility, replacing $650 million line

PUBT·05/11/2026 20:01:04
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McGrath RentCorp completes $725 million five-year credit facility, replacing $650 million line
  • McGrath RentCorp completed USD 725 million, five-year credit facility maturing May 8, 2031, replacing existing USD 650 million line of credit.
  • Bank of America served as joint lead arranger, sole bookrunner, administrative agent; U.S. Bank and Wells Fargo acted as joint lead arrangers.
  • Facility proceeds earmarked for working capital, capital expenditures, general corporate purposes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McGrath RentCorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-216693), on May 11, 2026, and is solely responsible for the information contained therein.