{"id":808768,"date":"2022-07-21T07:31:33","date_gmt":"2022-07-21T05:31:33","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/mcgrath-rentcorp-announces-completion-of-650-million-financing\/"},"modified":"2022-07-21T07:31:33","modified_gmt":"2022-07-21T05:31:33","slug":"mcgrath-rentcorp-announces-completion-of-650-million-financing","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/mcgrath-rentcorp-announces-completion-of-650-million-financing\/","title":{"rendered":"McGrath RentCorp Announces Completion of $650 Million Financing"},"content":{"rendered":"LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (NASDAQ: MGRC) (the \u201cCompany\u201d), a diversified business-to-business rental company, today announced that it has completed a $650 million credit facility with a syndicate of banks. The five year facility matures on July 15, 2027 and replaces the Company\u2019s existing $420 million line of credit. BofA Securities, Inc. served as Joint Lead Arranger and Sole Bookrunner. Bank of America, N.A. served as Administrative Agent. U.S. Bank National Association, MUFG Union Bank N.A. and Wells Fargo Bank, N.A. served as Joint Lead Arrangers and Co-Syndication Agents.\n\n\n\nThe proceeds of the facility will be used for working capital, capital expenditures and other general corporate purposes. Additiona
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LIVERMORE, Calif.–(BUSINESS WIRE)–McGrath RentCorp (NASDAQ: MGRC) (the \u201cCompany\u201d), a diversified business-to-business rental company, today announced that it has completed a $650 million credit facility with a syndicate of banks. The five year facility matures on July 15, 2027 and replaces the Company\u2019s existing $420 million line of credit. BofA Securities, Inc. served as Joint Lead […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-808768","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nMcGrath RentCorp Announces Completion of $650 Million Financing - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/mcgrath-rentcorp-announces-completion-of-650-million-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"McGrath RentCorp Announces Completion of $650 Million Financing - BeBeez\" \/>\n<meta property=\"og:description\" content=\"LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (NASDAQ: MGRC) (the \u201cCompany\u201d), a diversified business-to-business rental company, today announced that it has completed a $650 million credit facility with a syndicate of banks. 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