United Rentals (North America), Inc.’s $2.5 Billion Senior Notes Offering

Cravath represented the underwriters in connection with the $2.5 billion senior notes offering of United Rentals (North America), Inc., a subsidiary of United Rentals, Inc., one of the largest equipment rental companies in the world. The transaction closed on October 29, 2026.

The Cravath team included partner Ryan J. Patrone and associates Nathaniel E. Hatter and Q. Cindy Yuan on capital markets matters; partner Arvind Ravichandran and associate Andrew Stone on tax matters; and of counsel Felise Cooper on environmental matters. Emily J. Hansen also worked on capital markets matters and Destin Royer worked on tax matters.