United Rentals redeems all $200 million of 10¼% notes due 2019

By Jennifer Chiou

New York, Jan. 22 - United Rentals, Inc. subsidiary United Rentals (North America) Inc. redeemed all $200 million principal amount of its 10¼% senior notes due 2019, according to an 8-K filing with the Securities and Exchange Commission.

The notes were redeemed on Jan. 21 at 112.925 plus accrued interest to the redemption date.

As reported, the company expected to use borrowings under its asset-based revolving credit facility to redeem the notes.

Wells Fargo Bank, NA is the trustee.

United Rentals is a Greenwich, Conn.-based equipment rental company.

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