Item 1.02 Termination of a Material Definitive Agreement.
Information set forth in Item 8.01 below, as to the satisfaction and discharge
of the Indenture governing the Notes, is incorporated by reference into this
Item 8.01 Other Events.
Redemption of 5.875% Senior Notes due 2026 and Satisfaction and Discharge of the
Effective as of September 15, 2021 (the "Redemption Date"), United Rentals
(North America), Inc. ("URNA") redeemed all of the outstanding $1.0 billion
principal amount of its 5.875% Senior Notes due 2026 (the "Notes") at a
redemption price equal to 102.938% of the principal amount thereof plus accrued
and unpaid interest thereon to the Redemption Date, in accordance with the terms
of the Indenture, dated as of May 13, 2016 (the "Indenture"), among URNA, United
Rentals, Inc. and the subsidiaries named therein, as guarantors (the
"Guarantors"), and Wells Fargo Bank, National Association, as Trustee (the
"Trustee"). URNA previously notified the holders of the Notes on August 13, 2021
that it had elected to redeem the Notes on the Redemption Date.
URNA has irrevocably deposited with the Trustee sufficient funds to fund the
redemption of the Notes. As a result, URNA and the Guarantors under the Notes
have been released from their respective obligations under the Notes and the
Indenture pursuant to the satisfaction and discharge provisions thereunder,
effective as of the Redemption Date.
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