EquipmentShare Upsizes Private Offering of 2034 Secured Notes
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EquipmentShare.com, Inc. ( (EQPT) ) has shared an update.
On June 16, 2026, EquipmentShare.com Inc. announced it had upsized and priced a private offering of $1.35 billion in senior secured second lien notes due 2034, increasing the deal by $300 million from the originally proposed size. The notes, bearing interest at 7.125% and sold at par, will be secured on a second-priority basis by liens on substantially all assets that already secure first-lien obligations.
EquipmentShare plans to use the proceeds primarily to repay borrowings under its asset-based revolving credit facility, as well as to cover related fees and for general corporate purposes. The transaction, placed with qualified institutional buyers in the U.S. and non-U.S. investors under securities law exemptions, should bolster the company’s capital structure and liquidity while deepening its access to institutional debt markets.
The most recent analyst rating on (EQPT) stock is a Buy
with a $32.00 price target.
To see the full list of analyst forecasts on EquipmentShare.com, Inc. stock,
see the EQPT Stock Forecast page.
More about EquipmentShare.com, Inc.
Founded in 2015 and headquartered in Columbia, Missouri, EquipmentShare.com Inc. (Nasdaq: EQPT) is a nationwide construction technology and equipment solutions provider. The company combines its proprietary T3 fleet management platform, telematics devices and a large equipment rental marketplace to serve contractors, builders and equipment owners across the U.S.
Positioning itself as a leader in connected jobsite technology and one of the largest construction equipment rental providers in the U.S., EquipmentShare focuses on boosting productivity, efficiency and collaboration in the construction sector. Its integrated suite of digital tools and rental services aims to modernize how construction assets are tracked, managed and utilized on jobsites.
Average Trading Volume: 2,095,995
Technical Sentiment Signal: Strong Sell
Current Market Cap: $5.04B
Find detailed analytics on EQPT stock on TipRanks’ Stock Analysis page.