H&E Equipment Services, Inc. Announces Closing of Senior Notes Offering

  H&E Equipment Services, Inc. Announces Closing of Senior Notes Offering

Business Wire

BATON ROUGE, La. -- February 4, 2013

H&E Equipment Services,Inc. (NASDAQ: HEES) (the “Company”) today announced
the closing of an offering of $100 million aggregate principal amount of 7%
senior notes due 2022 (the “New Notes”) in an unregistered offering through a
private placement (the “Offering”). The New Notes are senior unsecured
obligations of the Company and are guaranteed by certain of its domestic

The New Notes were issued as additional notes under an indenture dated as of
August 20, 2012 pursuant to which the Company previously issued $530,000,000
of 7% senior notes due 2022 (the “Existing Notes”). The New Notes rank equally
with and form a part of a single class of securities with the Existing Notes.

The Company will use the proceeds from the Offering to repay indebtedness
outstanding under its senior secured credit facility and for the payment of
fees and expenses related to the Offering.

The New Notes and related guarantees were offered in a private placement
solely to qualified institutional buyers in reliance on Rule 144A under the
Securities Act of 1933, as amended (the “Securities Act”), or outside the
United States to persons other than “U.S. persons” in compliance with
Regulation S under the Securities Act. The New Notes and related guarantees
have not been registered under the Securities Act or the securities laws of
any other jurisdiction and may not be offered or sold in the United States
absent registration or an applicable exemption from the registration

About H&E Equipment Services, Inc.

The Company is one of the largest integrated equipment services companies in
the United States with 65 full-service facilities throughout the West Coast,
Intermountain, Southwest, Gulf Coast, Mid-Atlantic and Southeast regions of
the United States. The Company is focused on heavy construction and industrial
equipment and rents, sells and provides parts and service support for four
core categories of specialized equipment: (1)hi-lift or aerial platform
equipment; (2)cranes; (3)earthmoving equipment; and (4)industrial lift
trucks. By providing equipment rental, sales, and on-site parts, repair and
maintenance functions under one roof, the Company is a one-stop provider for
its customers’ varied equipment needs. This full service approach provides the
Company with multiple points of customer contact, enabling it to maintain a
high quality rental fleet, as well as an effective distribution channel for
fleet disposal and provides cross-selling opportunities among its new and used
equipment sales, rental, parts sales and service operations.


H&E Equipment Services,Inc.
Leslie S. Magee, 225-298-5261
Chief Financial Officer
Corporate Communications, Inc. (CCI)
Kevin S. Inda, 407-566-1180
Press spacebar to pause and continue. Press esc to stop.