EquipmentShare Secures $2.75 Billion Credit Facility with Wells Fargo, Enhancing Financial Stability and Growth Plans.

EquipmentShare has closed a $2.75 billion senior secured asset-based revolving credit facility with Wells Fargo, extending maturity to 2030 and providing best-in-class pricing. This strategic financing solidifies EquipmentShare's financial foundation, reduces costs, and provides flexibility to drive organic growth plans. Wells Fargo serves as administrative agent and lead lender, with other banks serving as joint lead arrangers and book runners. The facility replaces EquipmentShare's previous asset-based senior secured credit facility.