Report
EUR 166.30 For Business Accounts Only

Moody's assigns Ba3 rating to United Rental's $750 mm sr unsec notes due 2030

Rating Action: Moody's assigns Ba3 rating to United Rental's $750 mm sr unsec notes due 2030. Global Credit Research- 10 Feb 2020. New York, February 10, 2020-- Moody's Investors Service assigned a Ba3 rating to United Rentals, Inc.' s planned $750 million senior unsecured notes due 2030. URNA's parent, United Rentals, Inc. and URNA's domestic subsidiaries will guarantee the notes.
Underlying
United Rentals Inc.

United Rentals is an equipment rental company that operates throughout the United States and Canada, and Europe. The company's general rentals segment includes the rental of construction, aerial and industrial equipment, general tools and light equipment, and related services and activities. This segment's customers include construction and industrial companies, manufacturers, utilities, municipalities and homeowners. The company's trench, power and fluid solutions segment includes the rental of construction products and related services. This segment consist of: Trench Safety region, Power and Heating, Ventilating and Air Conditioning region; and Fluid Solutions and Fluid Solutions Europe regions.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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