Neff to prepay second-lien loan, revolver with stock proceeds

By Tali Rackner

Norfolk, Va., Sept. 3 – Neff Corp. plans to use the proceeds from a common stock offering to prepay its second-lien loan due June 2021 and revolving credit facility due November 2018, according to a filing with the Securities and Exchange Commission.

Proceeds will also be used to pay the fees and expenses related to the offering.

Neff is a Miami-based privately owned construction equipment rental company

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