NationsRent solicits consents for 9½% notes

New York, April 14 - NationsRent Cos., Inc. said it has started a consent solicitation for its $250 million 9½% senior secured notes due 2010.

The Fort Lauderdale, Fla., equipment rental company wants to amend the note indenture to allow it to buy back all its 6.5% convertible subordinated notes due 2008.

Holders who consent will receive a payment of $1.25 per $1,000 principal amount.

The solicitation expires at 5 p.m. ET on April 20.

Jefferies & Co., Inc. is solicitation agent (Travis Black at 973 912-2762), and Wilmington Trust Co. is tabulation agent (302 636-6470).

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.