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  3. United Rentals Obtains Three Year $250 Million Accounts Receivable Securitization Facility

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United Rentals Obtains Three Year $250 Million Accounts Receivable Securitization Facility

Greenwich, CT - Jun 16, 2003

United Rentals, Inc. (NYSE: URI) today announced that it obtained a $250 million accounts receivable securitization facility. The new facility expires in September 2006 and replaced the company's 364-day accounts receivable securitization facility that was scheduled to expire later this month.

Deutsche Bank Securities, Inc. is the sole agent. Interest on the facility is 100 basis points over the commercial paper rate on any amount drawn.

About United Rentals

United Rentals, Inc. is the largest equipment rental company in North America, with an integrated network of more than 750 locations in 47 states, seven Canadian provinces and Mexico. The company serves 1.7 million customers, including construction and industrial companies, manufacturers, utilities, municipalities, homeowners and others. The company offers for rent over 600 different types of equipment with a total original cost of approximately $3.7 billion.

Contact:
 
Fred Bratman
Vice President, Corporate Communications
United Rentals, Inc.
(203) 618-7323
[email protected]

 

Env: Dev -> Release Tag: builds/github/2026/develop/build-1149
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User account menu

  • 844.873.4948
  • Australasia

    • Australia

    Europe

    • Français
    • Deutsch
    • English
    • Nederlands

    North America

    • English
    • Español
    • Français
  • Sign In / Register
  • Rent
    • All Equipment
    • Popular Rentals
    • Scissor Lifts
    • Boom Lifts
    • Telehandlers
    • Mini Excavators
    • Skid Steers & Track Loaders
    • Rental Resources
    • Rental Protection Plan (RPP)
    • Why Rent with United Rentals
  • Buy
    • All Used Equipment
    • Popular Used Equipment
    • Buy Forklifts
    • Buy Scissor Lifts
    • Buy Boom Lifts
    • Buy Mini Excavators
    • Buy Compressors
    • Buying Resources
    • Financing
    • United Guard™
  • Total Control
    • Account Dashboard
    • Invoices & Payments
    • Items On Rent
    • UR Mobile App
    • About Total Control®
  • Invoices & Payments
    • Invoices
    • Lien releases
    • Apply for credit
  • Locations
    • Find a Location
  • Training
    • Course Catalog
    • Training Credentials
    • United Academy
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    • United Academy - Course Catalog
  • Solutions
    • Worksite Performance Solutions™
    • Specialty Solutions
      • Commercial Trucks
      • Flooring & Facility Solutions
      • Power & HVAC
      • Climate Solutions
      • Fluid Solutions
      • Trench Safety
      • Reliable Onsite Services
      • Tool Solutions
      • Storage Containers & Mobile Offices
      • Communications
      • Industrial Blinds
    • Power & HVAC
    • Climate Solutions
    • Fluid Solutions
    • Trench Safety
    • Trench Engineered Systems
    • Reliable Onsite Services
    • Tool Solutions
    • Storage Containers & Mobile Offices
    • Temporary Industrial Tents
    • Commercial Trucks
    • Flooring & Facility Solutions
    • Ground Protection Matting Solutions
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      • Energy & Utility
      • Chemical
      • Oil & Gas Refining
      • Oilfield Services
      • Civil and Infrastructure
      • Restoration and Remediation
      • Government Solutions
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