Hertz completes $350 million senior secured notes offering
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Hertz Announces Completion of $350 Million of Exchangeable Senior First-Lien Secured PIK Notes
June 29, 2026 5:24 PM EDTSuccessful offering highlights continued confidence in strategy and execution
ESTERO, 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 completed an offering of $350 million aggregate principal amount of its 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the Exchangeable Notes). The initial purchasers of the Exchangeable Notes have the option to purchase up to an additional $50 million aggregate principal amount of the Exchangeable Notes for settlement within a... More
