Greenwich, CT -
United Rentals, Inc. (NYSE : URI) today announced that its subsidiary, United Rentals (North America), Inc., has given notice of its intention to redeem all of the outstanding 1 ⅞% Convertible Senior Subordinated Notes due 2023 (CUSIP Number 911365AH7) (the “Convertible Notes”) on 13 décembre, 2012. As of 30 septembre, 2012, there was approximately $5 million aggregate principal amount of the Convertible Notes outstanding. The Convertible Notes will be redeemed at a redemption price of 100% of the principal amount of the Convertible Notes redeemed, plus accrued and unpaid interest to the redemption date.
The Convertible Notes are convertible at any time prior to the close of business on 12 décembre, 2012 at a rate of 45.8160 shares of common stock per $1,000 principal amount. The Convertible Notes surrendered for conversion will be settled in cash and stock in accordance with the provisions of the indenture.
The Bank of New York Mellon, the trustee for the Convertible Notes, is distributing a Notice of Redemption to all registered holders of the Convertible Notes on 13 novembre, 2012. Copies of such Notice of Redemption and additional information relating to the procedure for redemption and/or conversion of the Convertible Notes may be obtained from The Bank of New York Mellon Bondholder Relations by calling 1 800-254-2826.
This announcement does not constitute an offer to buy or sell or the solicitation of an offer to sell or buy securities in any jurisdiction. The Convertible Notes have not been registered under the Securities Act, or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
À propos de United Rentals
United Rentals, Inc. est la plus grande entreprise de location d’équipement au monde, avec un réseau intégré de 848 emplacements de location situés dans 48 États ainsi que dans 10 provinces canadiennes. L’entreprise compte environ 11 200 employés desservant les clients de la construction et du secteur industriel, des organismes de services publics, des municipalités, des propriétaires et autres. L’entreprise offre environ 3 400 catégories d’équipements à louer pour un coût d’origine total de 7,40 milliards de dollars. United Rentals est un membre de l’indice Standard & Poor’s 400 des capitalisations moyennes et du Russel 3000 Index®, et est basé à Greenwich, Conn.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, known as the PSLRA. These statements can generally be identified by the use of forward-looking terminology such as “believe,” “expect,” “may,” “will,” “should,” “seek,” “on-track,” “plan,” “project,” “forecast,” “intend” or “anticipate,” or the negative thereof or comparable terminology, or by discussions of vision, strategy or outlook. These statements are based on current plans, estimates and projections, and, therefore, you should not place undue reliance on them. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Factors that could affect actual results include but are not limited to corporate developments that could preclude, impair or delay the above-described transactions due to restrictions under the federal securities laws; changes in the terms or availability of our credit facility; changes in our cash requirements or financial position; and changes in general market, economic, tax, regulatory or industry conditions that impact our ability or willingness to consummate the above-described transactions on the terms described above or at all. For a more complete description of these and other possible risks and uncertainties, please refer to our Annual Report on Form 10-K for the year ended 31 décembre, 2011, as well as to our subsequent filings with the SEC. The forward-looking statements contained herein speak only as of the date hereof, and we make no commitment to update or publicly release any revisions to forward-looking statements in order to reflect new information or subsequent events, circumstances or changes in expectations.
