EquipmentShare launches $1.05B private offering of senior secured notes due 2034

EquipmentShare announced a private offering of $1.05 billion in senior secured second lien notes to repay borrowings under its asset-based revolving credit facility and for general corporate purposes. The offering is subject to market conditions and will be offered only to qualified institutional buyers in the U.S. and non-U.S. persons outside the country.