EQPT news

EquipmentShare raised its full-year rental revenue outlook to $3.823B-$3.979B, citing strong demand and rationalizing its long-term Core EBITDA potential, reflecting confidence in large-scale construction projects.

EquipmentShare has increased its full-year 2026 financial outlook and authorized a new $500 million share repurchase program. The positive signal reflects strong customer demand and confidence in the company’s continued growth in the construction equipment rental sector.

EquipmentShare upsized its private offering of senior secured second lien notes to $1.35 billion from $1.05 billion, priced at par with a 7.125% coupon due 2034. The company will use proceeds to repay revolving credit facility borrowings and for general corporate purposes.

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 bu…

EquipmentShare appointed Damian Giangiacomo and Harley Miller to its board of directors effective June 8, 2026, with Giangiacomo joining the Audit Committee. The appointments follow an orderly board transition after the company's IPO, with Henry Yeagley and John Weinstein stepping down.