09:12 AM EST, 11/24/2025 (MT Newswires) -- United Rentals ( URI ) said Monday its United Rentals North America unit is launching a private offering of $1.5 billion of senior notes due 2033.

The company said net proceeds are expected to be roughly $1.49 billion, which would be used to redeem the subsidiary's outstanding $500 million 5 1/2% senior notes due 2027 and for general corporate requirements.

Shares of United Rentals ( URI ) were down more than 3% in recent Monday premarket activity.