secwatch.observer — SEC 8-K summary
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Issuer:     HERTZ GLOBAL HOLDINGS, INC (HTZ)
CIK:        0001657853
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0000950103-24-017766
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hertz issues $500M additional 12.625% First Lien Notes due 2029, receives consents to amend indentures
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- Issued $500M aggregate principal amount of additional 12.625% First Lien Senior Secured Notes due 2029 at 107.732% of par.
- Total outstanding First Lien Notes now $1.25B; proceeds used to pay consent fees and repay revolving credit facility.
- Consents received from holders of ~$743.6M Existing First Lien Notes and ~$250M Exchangeable Notes to amend indentures.
- Amendments to indentures became effective December 12, 2024; consent fees paid on December 13, 2024.
- Bylaws amended to incorporate Universal Proxy Rule and other administrative changes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657853/000095010324017766/0000950103-24-017766-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/47129/000095010324017766/dp222085_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-24-017766

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