Sunbelt Rentals completes $1.2 billion sale of senior notes due 2030 and 2036
Sunbelt Rentals Holdings completed the sale of $450 million of 4.950% senior notes due 2030 and $750 million of 5.650% senior notes due 2036 on July 14, 2026. The notes add $1.2 billion of long-term debt, with interest payable semi-annually starting February 12, 2027, and rank equal with the company's existing and future senior debt.
Key points
- 2030 Notes: $450 million at 4.950%, issued at 99.627%, maturing August 12, 2030
- 2036 Notes: $750 million at 5.650%, issued at 99.048%, maturing August 12, 2036
- Holders may require repurchase at 101% of principal plus accrued interest upon a change in control triggering event
- Notes are jointly and severally guaranteed by domestic subsidiaries that guarantee the revolving credit facility; BNY Mellon serves as trustee
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.