NasdaqGS:MGRCTrade Distributors
A Look At McGrath RentCorp (MGRC) Valuation After Its Expanded US$725 Million Credit Facility Completion
McGrath RentCorp (MGRC) has secured a new five year, US$725 million credit facility that replaces its prior US$650 million line. This financing move directly affects funding capacity and balance sheet flexibility.
See our latest analysis for McGrath RentCorp.
The new US$725 million facility comes as the share price has eased in the short term, with a 1 month share price return of down 3.15% and a 3 month share price return of down 5.01%. At the same time, the year to date share price return...