{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-24-009159","form_type":"8-K","ticker":"HTZ","cik":"0001657853","company_name":"HERTZ GLOBAL HOLDINGS, INC","filed_at":"2024-06-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.463611+00:00","generated_at":"2026-06-01T00:39:02.022310+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Hertz issues $750M 12.625% first lien notes and $250M 8% exchangeable notes; proceeds used to pay down revolver","bullets":["$750M First Lien Senior Secured Notes due 2029 at 12.625% interest, issued at par.","$250M Exchangeable Senior Second-Lien Secured PIK Notes due 2029 at 8% PIK, exchangeable at ~$6.625/shr (89% premium).","Proceeds used to reduce borrowings under $2.0B revolver; revolver remains available with unchanged commitments.","European ABS amended to add Belgian fleet assets; aggregate borrowing capacity unchanged.","Up to ~105.8M shares may be issued upon exchange of exchangeable notes (based on initial exchange rate)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-24-009159","json":"https://secwatch.observer/filing/0000950103-24-009159.json","markdown":"https://secwatch.observer/filing/0000950103-24-009159.md","text":"https://secwatch.observer/filing/0000950103-24-009159.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657853/000095010324009159/0000950103-24-009159-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/47129/000095010324009159/dp213388_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T00:39:02.022310+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}