McGrath RentCorp secures $725 million credit facility
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McGrath Announces Completion of $725 Million Financing
May 11, 2026 4:01 PM EDTLIVERMORE, Calif--(BUSINESS WIRE)-- McGrath RentCorp (McGrath or the Company) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it has completed a $725 million credit facility with a syndicate of banks. The five-year facility matures on May 8, 2031, and replaces the Companys existing $650 million line of credit. Bank of America, N.A. served as Joint Lead Arranger, Sole Bookrunner and Administrative... More
