{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-25-012177","form_type":"8-K","ticker":"HTZ","cik":"0001657853","company_name":"HERTZ GLOBAL HOLDINGS, INC","filed_at":"2025-09-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.579394+00:00","generated_at":"2026-05-17T05:40:16.365139+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Hertz prices upsized $375M 5.5% exchangeable notes due 2030; upsized from $250M","bullets":["Notes bear 5.500% interest, mature Oct 1, 2030; initial exchange price ~$9.24/share (32.5% premium to $6.97 close).","Net proceeds ~$360M ($408M if greenshoe exercised); $300M to redeem Senior Notes due 2026 by Dec 31, 2025.","Capped call transactions entered; cap price $13.94/share (100% premium to reference price).","Pershing Square affiliates entered $125M notional swap transactions with an initial purchaser affiliate.","Offering expected to close Sept 29, 2025; underwriters granted $50M additional option."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-25-012177","json":"https://secwatch.observer/filing/0000950103-25-012177.json","markdown":"https://secwatch.observer/filing/0000950103-25-012177.md","text":"https://secwatch.observer/filing/0000950103-25-012177.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657853/000095010325012177/0000950103-25-012177-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/47129/000095010325012177/dp234881_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:40:16.365139+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"}