NationsRent to buy back 6.5% convertibles with $150 million note proceeds

By Caroline Salls

Pittsburgh, April 14 - NationsRent Cos. Inc. said it will buy back its 6.5% convertible subordinated notes using proceeds from its offering of $150 million of senior unsecured notes due 2015.

Proceeds will also be used for general corporate purposes.

NationsRent is a Fort Lauderdale, Fla.-based full-service equipment rental company.

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