McGrath's shareholders will participate in the significant value-creation opportunity from the transaction through approximately 12.6% ownership stake in the combined company and its track record of value creation through synergy realization. And McGrath shareholders will also benefit from a tax-free reorganization under IRC Section 368 for the stock portion of the merger consideration. WillScot Mobile Mini secured committed financing for the transaction by way of a $1.75 billion senior secured bridge credit facility, which along with borrowings under WillScot Mobile Mini's ABL revolving credit facility (ABL Facility) will fund the cash portion of the purchase price and the repayment of McGrath's outstanding debt. In addition, WillScot Mobile Mini has secured commitments to upsize its existing $3.7 billion ABL Facility by $750 million to $4.45 billion.