BALTIMORE (GLOBE NEWSWIRE) -- WillScot Corporation (Nasdaq: WSC), a specialty rental services market leader providing innovative modular space and portable storage solutions across North America, today announced that its indirect subsidiary, Picasso Finance Sub Inc., plans to offer up to $500 million in aggregate principal amount of senior secured notes due 2025. WillScot intends to use the offering proceeds, together with funds from WillScot's fully committed $2.4 billion ABL credit facility, to be entered into at the closing of the Merger, to repay all outstanding indebtedness under its existing ABL Facility and Mobile Mini Inc.'s existing ABL Facility, repay all of Mobile Mini's outstanding senior notes, and repay all of Williams Scotsman International, Inc.'s senior secured notes due 2022, in connection with WillScot's pending merger with Mobile Mini, and to pay fees and expenses related to the Refinancing Transactions and the Merger.