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Industry Center - Rental & Leasing Services
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Rental & Leasing Services News
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1. United Rentals wins contracts from Texas, Mass. - AP - Mon 6:46 pm ET
Equipment supplier United Rentals Inc. said Monday its government services unit has won state purchasing contracts in Texas and Massachusetts as spending increases in part due to the government's economic stimulus program.
2. Hertz Global Holdings, Inc. to Present at 2009 Bank of America Credit Conference - Marketwire - Tue Nov 24
3. Moody's upgrades Rent-A-Center debt - AP - Tue Nov 24
Moody's Investors Service on Tuesday upgraded its corporate family debt rating on Rent-a-Center Inc. by one notch within junk territory, now that Rent-a-Center has paid down about $300 million in senior unsecured debt.
4. Willis Lease Finance closes new credit facility - AP - Mon Nov 23
Willis Lease Finance Corp., an aircraft engine leasing company, said Monday it has obtained a new $240 million revolving credit facility.
5. Willis Lease Finance Closes Revolving Credit Facility for $240 Million - GlobeNewswire - Mon Nov 23
NOVATO, Calif. -- Willis Lease Finance Corporation , a leading lessor of commercial jet engines, today announced that it has closed a new revolving credit facility. The $240 million credit facility, with an interest rate equal to LIBOR plus 3.5%, is available to Willis Lease on a revolving basis for three years through November 2012.
6. Getting A New Lease On Life - Investor's Business Daily - Fri Nov 13
The delivery truck sitting idle in the lot loses value by the minute. So does the passenger jet sitting on the tarmac waiting for its next charter.
7. Vehicle Rental Stocks Speed Higher Ahead of Priceline Report - Indie Research - Mon Nov 9
It's been a rough month for vehicle rental stocks, but the sector's more recent rally continued into a new week on Monday.
8. Rent-A-Center, Inc. Announces Intent to Extend Term of Senior Credit Facility - Business Wire - Mon Nov 2
PLANO, Texas----Rent-A-Center, Inc. , the nation’s largest rent-to-own operator, today announced that it intends to seek approval from its lenders under its Amended and Restated Credit Agreement dated November 15, 2006, with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto, to extend the term of the senior secured credit facility.
9. Dollar Thrifty Automotive Group Prices Common Stock Offering - PR Newswire - Wed Oct 28
Dollar Thrifty Automotive Group, Inc. announced today that it has priced a public offering of 5,750,000 shares of its common stock at a price to the public of $19.25 per share.
10. Dollar Thrifty Automotive Group Announces Proposed Public Offering of Common Stock - PR Newswire - Mon Oct 26
Dollar Thrifty Automotive Group, Inc. announced today that it intends to offer, subject to market and other conditions, 5,750,000 shares of its common stock in an underwritten public offering under an effective shelf registration statement on file with the Securities and Exchange Commission.
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