United Rentals Inc.’s $750 Million High-Yield Senior Notes Offering

Cravath represented the underwriters, led by Morgan Stanley, in connection with the $750 million registered high-yield senior notes offering of United Rentals (North America), Inc., the largest equipment rental company in the world.

Morgan Stanley & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC, Citigroup Global Markets Inc., Scotia Capital (USA) Inc., MUFG Securities Americas Inc., Barclays Capital Inc., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC acted as underwriters in the deal.

The Cravath team included partners Johnny G. Skumpija (Picture) and William V. Fogg and associates Stephanie L. Rowan and Kathryn Kennedy Bleday on securities matters, and partner Christopher K. Fargo and associates Kiran Sheffrin and Jiyeon K. Barta on tax matters.

Involved fees earner: Jiyeon Barta – Cravath Swaine & Moore; Christopher K. Fargo – Cravath Swaine & Moore; William Fogg – Cravath Swaine & Moore; Kathryn Kennedy Bleday – Cravath Swaine & Moore; Stephanie Rowan – Cravath Swaine & Moore; Kiran Sheffrin – Cravath Swaine & Moore; Johnny Skumpija – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: United Rentals, Inc.;


Author: Ambrogio Visconti