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Sunbelt Announces Launch of Private Offering of Senior Notes
July 6, 2026
Fort Mill, SC. Sunbelt Rentals Holdings, Inc. (NYSE: SUNB, LSE: SUNB) ("the
company"), a leader in the equipment rental industry, today announced that,
subject to market and other conditions, it intends to offer two series of
benchmark-sized, senior notes (collectively, the "Notes") for sale to eligible
purchasers in a private offering (the "Notes Offering").
The Company intends to use the net proceeds from the Notes Offering for general
corporate purposes, which may include, among other things, the repayment,
refinancing or redemption of the Company's and its subsidiaries' existing
indebtedness (including amounts under the Company's existing credit facility),
funding capital expenditures, working capital and other business opportunities.
The Notes to be offered have not been registered under the Securities Act of
1933, as amended (the "Securities Act"), or any state securities laws; and,
unless so registered, the Notes may not be offered or sold in the United States,
except pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable state securities
laws. The Notes are being offered and sold only to persons reasonably believed
to be qualified institutional buyers in accordance with Rule 144A under the
Securities Act and outside the United States to non-U.S. persons in accordance
with Regulation S under the Securities Act.
This announcement shall not constitute an offer to sell or a solicitation of an
offer to buy any of the Notes, nor shall there be any sale of the Notes in any
jurisdiction in which such offer, solicitation or sale of these securities would
be unlawful prior to registration or qualification under the securities laws of
any such jurisdiction.
Forward Looking Statements
Statements made in this announcement that describe the Company's intentions,
expectations, beliefs or predictions may be forward-looking within the meaning
of securities laws. Forward-looking statements include statements preceded by,
followed by or including the words "believes," "expects," "anticipates,"
"plans," "estimates," "projects," "forecasts," or similar expressions. Examples
of forward-looking statements in this announcement are statements about the
Notes Offering and the use of proceeds therefrom. The Company cautions that, by
their nature, forward-looking statements involve risk and uncertainty and the
Company's actual results could differ materially from those expressed or implied
in such statements. The forward-looking statements speak only as of the date
hereof. The Company does not intend, and the Company disclaims any obligation,
to update any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by applicable law.
About Sunbelt Rentals Holdings, Inc.
Sunbelt Rentals Holdings, Inc., operating primarily as Sunbelt Rentals, is a
leading global provider of rental equipment and services based in Fort Mill,
South Carolina. Our passionate, customer-centric team of 26,000 employees
combines execution-focused resolve with Sunbelt Rentals' innovative array of
rental solutions across a vast network of over 1,600 locations and with a fleet
of assets exceeding $19 billion. Sunbelt Rentals is committed to delivering
unrivaled quality and support for its customers across an increasingly diverse
array of industries, project types and end markets, including construction, live
events, maintenance and countless emerging applications ranging from small-scale
developments to mega projects.
Investor Contact
Kevin Powers, Senior Vice President, Investor Relations
kevin.powers@sunbeltrentals.com
Media Contact
H/Advisors Abernathy,
Abigail Ruck / Mallory Griffin
abigail.ruck@h-advisors.global / mallory.griffin@h-advisors.global
(212) 371-5999
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