LIVERMORE, Calif., April 03, 2020 (GLOBE NEWSWIRE) — McGrath RentCorp (NASDAQ:MGRC) (the “Company”), a diversified business-to-business rental company, announced today that it has entered into a new $250 million note purchase and private shelf agreement with Prudential Private Capital.  In addition to the current $40 million Series B Senior Notes and $60 million Senior C Senior Notes outstanding, the new agreement allows for the issuance of up to an additional $150 million of senior notes on terms to be determined at such time that any additional notes are issued.
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