
H&E Equipment Services Inc, founded in 1961 and headquartered in Baton Rouge, Louisiana, is a prominent provider of equipment rental and sales services in the construction and industrial sectors. The company specializes in offering a wide range of heavy equipment, including earthmoving machinery, aerial equipment, and material handling tools, catering primarily to contractors and businesses involved in construction, industrial, and governmental projects.
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.
H&E Equipment Services has a history of bond issuances starting in the late 1990s, which have been instrumental for funding its expansion and fleet modernization. Notably, in 2021, the company issued $350 million in senior unsecured notes, aiming to enhance financial flexibility and reduce debt service costs. Currently, the bonds are yielding competitively within the industry, with features such as call options and fixed interest rates, making them appealing to retail investors. The company's commitment to maintaining a strong balance sheet has bolstered investor confidence, especially amid evolving market conditions.