Ahern Rentals Intends to Refinance $550MM in Senior Secured Notes

Ahern Rentals, an equipment rental company, intends to refinance its outstanding $550 million principal amount of 7.375% second priority senior secured notes due 2023 through an offering of new bonds.

Ahern Rentals retained Oppenheimer as a bookrunner for the transaction, which it expects to launch in September.

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