ASHTEAD GROUP PLC has successfully closed its offering of $850 million aggregate principal amount of 5.800% senior notes due 2034. The offering was made by Ashtead Capital, Inc., a wholly owned subsidiary of Ashtead, and the notes are guaranteed by Ashtead and certain subsidiaries. The offering was available to qualified institutional buyers in the United States and non-U.S. investors outside the country, in compliance with relevant regulations.
Ashtead Group plc is a public limited company traded on the London Stock Exchange and is one of the largest international equipment rental companies, operating under the name "Sunbelt Rentals." The Notes are not intended for retail investors in the European Economic Area or the UK, and specific regulations apply to the offering in these regions.
The company's Chief Financial Officer, Michael Pratt, and Director of Investor Relations, Will Shaw, can be contacted for further information.