---
title: "McGrath Announces Completion of $725 Million Financing"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285991301.md"
description: "In Livermore, California, McGrath RentCorp, a prominent business-to-business rental company in North America, has recently finalized a $725 million credit facility through a group of banks. This new five-year agreement is set to mature on May 8, 2031, substituting the company's prior $650 million line of credit. The financing was facilitated with Bank of America, N.A. as the Joint Lead Arranger, Sole Bookrunner, and Administrative Agent, with support from U.S. Bank N.A. and Wells Fargo Bank."
datetime: "2026-05-11T20:06:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285991301.md)
  - [en](https://longbridge.com/en/news/285991301.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285991301.md)
---

# McGrath Announces Completion of $725 Million Financing

In Livermore, California, McGrath RentCorp, a prominent business-to-business rental company in North America, has recently finalized a $725 million credit facility through a group of banks. This new five-year agreement is set to mature on May 8, 2031, substituting the company's prior $650 million line of credit. The financing was facilitated with Bank of America, N.A. as the Joint Lead Arranger, Sole Bookrunner, and Administrative Agent, with support from U.S. Bank N.A. and Wells Fargo Bank.

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