| Ticker: RSVC | 14505 N. Hayden Road, Suite 322 | |
| Exchange: NASDAQ-National Market | Scottsdale, Arizona 85260 | |
| Industry: Service | (602) 905-3300 |
| Type of Shares: | Common Shares | Filing Date: | 6/13/96 | |
| U.S. Shares: | 5,500,000 | Offer Date: | 9/19/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $14.00 - $16.00 | |
| Primary Shares: | 5,230,000 | Offer Price: | $16.00 | |
| Secondary Shares: | 270,000 | Gross Spread: | $1.12 | |
| Offering Amount: | $82,500,000 | Selling: | $0.60 | |
| Expenses: | $1,300,000 | Reallowance: | $0.10 | |
| Shares Out After: | 10,006,665 |
| Manager | Tier | Phone |
| William Blair & Company | Lead Manager | (312) 236-1600 |
| Donaldson, Lufkin & Jenrette Securities Corp. | Co-manager | (212) 504-4525 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $65.92 | $58.46 | $24.54 | Assets: | $199.84 |
| Net Income: | $1.52 | $0.11 | $1.07 | Liabilities: | $192.31 |
| EPS: | $0.30 | $0.02 | $0.21 | Equity: | $7.52 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The Company is a leading equipment rental company serving the needs of a wide variety of industrial, manufacturing, construction, government and homeowner markets. RSC rents a broad selection of equipment ranging from small items such as pumps, generators, welders and electric hand tools, to larger equipment such as backhoes, forklifts, air compressors, scissor lifts, aerial manlifts and skid-steer loaders. The Company also sells parts, supplies and used rental equipment, and acts as a distributor for new equipment on behalf of certain national equipment manufacturers. Depending upon market needs, RSC also offers its customers 24 hours a day, seven days a week support services, including onsite maintenance and repair. RSC's strategy is to expand its presence in existing markets and capitalize on opportunities to enter new geographic markets through a combination of acquisitions and start-up locations. |
| Use of Proceeds |
| Proceeds from the proposed offering will be used to redeem all outstanding shares of the company's Series A redeemable preferred stock, and to repay certain indebtedness. |
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