United Rentals Enters into US$1.25 Billion Asset-Based Revolving Credit Facilities

On June 9, 2008, United Rentals, Inc. (and certain of its subsidiaries including United Rentals of Canada, Inc. and United Rentals Alberta Holding, L.P.) entered into senior secured Canadian and US asset-based revolving credit facilities in the aggregate amount of US $1,250,000,000. The facilities were provided by a syndicate of US and Canadian lenders, arranged by Bank of America Securities LLC and UBS Securities LLC, as joint lead arrangers (the “Arrangers”), and agented by Bank of America, N.A., as administrative and collateral agent, Wachovia Bank, National Association, as documentation agent, and UBS Securities LLC, as syndication agent. United Rentals, Inc. is the largest equipment rental company in the world and carries over 2,900 classes of rental equipment. United Rentals, Inc. operates in over 670 locations in the United States, Canada and Mexico.

The Arrangers and Bank of America, N.A., as Agent, were represented in Canada by Ogilvy Renault LLP with a team consisting of Kevin Morley, David Amato, Martin Thériault, Barry Segal and James Padwick, and in the United States by Shearman & Sterling LLP with a team consisting of Ronald Bayer, Benjamin Cheng, Judson Oswald, Fraser Hartley and Randal Palach.

United Rentals was represented by an in-house team headed by Vice President and Associate General Counsel Joli Lyn Gross, and a team in Canada from Macleod Dixon LLP consisting of Byron Loeppky, Ed Heakes, Roger Watkiss, Mike Wylie, Mike Moher, Vera Vynohrad and Avril Cole.

United Rental's US counsel were Weil, Gotshal & Manges LLP with a team comprising Warren Buhle, Jean-Christophe David and Kristopher Villarreal. Macleod Dixon LLP was assisted by Joel Goldberg and Joel Cabelli of Heenan Blaikie LLP with respect to matters of Québec law, and Charles Reagh of Stewart McKelvey with respect to matters of Nova Scotia law.


Avril Cole Charles S. Reagh Edward A. Heakes Barry N. Segal Vera Vynohrad Martin Thériault Joel M. Cabelli James Padwick Michael I. Wylie David M.A. Amato Kevin J. Morley Byron W. Loeppky Warren T. Buhle Michael R. Moher


Norton Rose Fulbright Canada LLP Shearman & Sterling LLP Weil, Gotshal & Manges LLP Stewart McKelvey