Ashtead Group PLC - London-based industrial equipment rental company - Via subsidiary Ashtead Capital Inc, while conduct a private offering of a single series of benchmark-sized senior notes.

The terms and timing of the offering, including the final aggregate principal amount will be dependent on market conditions.

Proceeds from the offering will towards repaying a part of the outstanding borrowings under the First Priority senior secured credit facility.

Current stock price: 4,538.56 pence, up 2.0% on Thursday

12-month change: down 14%

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