We advised EquipmentShare on the high-yield offering

Davis Polk advised EquipmentShare.com Inc in connection with a Rule 144A / Regulation S offering of $1.35 billion aggregate principal amount of its 7.125% senior secured second lien notes due 2034. The proceeds were used to repay borrowings under the company’s asset-based revolving credit facility, pay fees and expenses in connection with the transaction and for general corporate purposes.

Founded in 2015 and headquartered in Columbia, Missouri, EquipmentShare is a nationwide construction technology and equipment solutions provider dedicated to transforming the construction industry through innovative tools, platforms and data-driven insights. By empowering contractors, builders and equipment owners with its proprietary technology, T3, EquipmentShare aims to drive productivity, efficiency and collaboration across the construction sector. With a comprehensive suite of solutions that includes a fleet management platform, telematics devices and a best-in-class equipment rental marketplace, the company continues to lead the industry in building the future of construction.

The Davis Polk capital markets team included partners Michael Kaplan and Pedro J. Bermeo, counsel Claudia Carvajal Lopez and associates Jenna Pedranti and Dylan Roache. The sponsor finance team included partner Nikolaus Caro, counsel Louis Quagliato and associate Tony (Zihao) Kuang. Partner David H. Schnabel and counsel Ziyuan (Constance) Zhang. All members of the Davis Polk team are based in the New York office.

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