Ahern Rentals, Inc. Announces Intention to Refinance

BY PR Newswire | CORPORATE | 08/26/21 12:11 PM EDT

LAS VEGAS, Aug. 26, 2021 /PRNewswire/ --?Equipment rental company, Ahern Rentals, Inc. announced yesterday on its quarterly earnings call that it 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, and that Oppenheimer & Co. has been retained as a bookrunner.? The company expects to launch the transaction in September.? A copy of the company's most recent earnings report can be found via the Datasite that can be accessed by filling out an investor form located at www.ahern.com/investor-information.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy new bonds or any other securities, nor shall there be any offer, solicitation or sale of new bonds or any other securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful.

Media Inquiries:
Ahern Rentals Investor Relations
T:?+1 (800) 400-1610
E:?investor@ahern.com

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SOURCE Ahern Rentals, Inc.

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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