United Rentals’ $3.75 Billion Asset‑Based Revolving Credit Facility
February 22, 2019
Cravath represented Bank of America, N.A., as administrative agent and lead arranger, in connection with a $3.75 billion multicurrency asset‑based revolving credit facility made available to various subsidiaries of United Rentals, Inc., the largest equipment rental company in the world. The transaction closed on February 15, 2019.
The Cravath team included partners Michael S. Goldman and Stephen M. Kessing, senior attorney Kimberly A. Grousset and associate Marc Bode on banking matters, and associates Kiran Sheffrin and Jiyeon K. Barta on tax matters. Jason L. Zhang also worked on banking matters.
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J.D., 2005, Duke Law SchoolOrder of the Coif, magna cum laude
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M.B.A., 2001, University of Southern California
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B.S., 1995, Miami University of Ohio
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J.D., 1987, Fordham University School of Lawcum laude
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B.A., 1984, University of Pennsylvaniacum laude
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December 16, 2025
United Rentals (North America), Inc.’s $1.5 Billion High‑Yield Senior Notes Offering
Cravath represented the initial purchasers in connection with the $1.5 billion high-yield senior notes offering of United Rentals (North America), Inc., a subsidiary of United Rentals, Inc., the largest equipment rental company in the world at the time of the offering. The transaction closed on December 1, 2025.
