Hertz prices $350M exchangeable senior secured notes due 2030
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Hertz Announces Pricing of Upsized $350 Million of Exchangeable Senior First-Lien Secured PIK Notes
June 25, 2026 12:07 AM EDTESTERO, Fla.--(BUSINESS WIRE)-- Hertz Global Holdings, Inc. (NASDAQ: HTZ) (Hertz or the Company), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (Hertz Corp.), has priced an offering of $350 million aggregate principal amount of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the Notes) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the Securities Act). Hertz Corp. also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date... More
