Herc Holdings (HRI) said late Thursday it has priced its offering of $1.65 billion of 7% senior unsecured notes due 2030 and $1.1 billion of 7.25% senior unsecured notes due 2033.
The offering is part of the financing for its planned acquisition of H&E Equipment Services (HEES), the company said. It expects to close the offering June 2.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.