H&E Equipment Services, Inc. 3.875% 15-DEC-2028H&E Equipment Services, Inc. 3.875% 15-DEC-2028H&E Equipment Services, Inc. 3.875% 15-DEC-2028

H&E Equipment Services, Inc. 3.875% 15-DEC-2028

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Key terms


Outstanding amount
‪1.25 B‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.88% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.75%
Maturity date
Dec 15, 2028
Term to maturity
4 years

About H&E Equipment Services, Inc. 3.875% 15-DEC-2028


Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Dec 14, 2020
FIGI
BBG00YCXS062
H&E Equipment Services, Inc. engages in the provision of equipment services, which focus on heavy construction and industrial equipment. It operates through the following segments: Equipment Rentals, New Equipment Sales, Used Equipment Sales, Parts Sales, and Services. The Equipment Rentals segment focuses on renting construction and industrial equipment. The New Equipment Sales segment is involved in selling new equipment in product categories. The Used Equipment Sales segment offers rental fleet and inventoried equipment that are acquired through trade-ins and through purchases of high quality used equipment. The Parts Sales segment includes new and used parts for the equipment and rental fleet. The Services segment operation provides maintenance and repair services for customers’ equipment and to rental fleet. The company was founded by Tom Engquist and Frank Head in 1961 and is headquartered in Baton Rouge, LA.
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