secwatch.observer — SEC 8-K summary
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Issuer:     HERTZ GLOBAL HOLDINGS, INC (HTZ)
CIK:        0001657853
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0000950103-24-017337
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hertz prices $500M add-on of 12.625% first lien notes due 2029, total outstanding $1.25B
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- $500M additional 12.625% first lien senior secured notes due 2029 priced; total outstanding will be $1.25B.
- Notes issued at 107.732% plus accrued interest; interest payable semi-annually starting Jan 15, 2025.
- Proceeds to repay revolver borrowings and pay fees/expenses for consent solicitations to amend indentures.
- Offering expected to close Dec 12, 2024; guaranteed by Hertz Global Holdings and domestic subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657853/000095010324017337/0000950103-24-017337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/47129/000095010324017337/dp221701_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-24-017337

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