secwatch / observer
8-K filed September 29, 2025, 7:59 PM ET ticker HTZ CIK 0001657853
debt confidence high sentiment neutral materiality 0.60

HERTZ GLOBAL HOLDINGS, INC (HTZ): debt financing — Hertz Corp. issues $425M 5.5% exchangeable senior notes due 2030; capped calls offset dilution

HERTZ GLOBAL HOLDINGS, INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HERTZ GLOBAL HOLDINGS, INC incurred senior notes of $425,000,000 aggregate principal amount with Computershare Trust Company, N.A., as trustee at 5.500% per year maturing October 1, 2030.

Instrument
senior notes
Principal
$425,000,000 aggregate principal amount
Counterparty
Computershare Trust Company, N.A., as trustee
Rate
5.500% per year
Maturity
October 1, 2030
Event
incurrence
Exact text from the filing
On September 29, 2025, The Hertz Corporation (“Hertz Corp.”), the primary operating company and wholly-owned indirect subsidiary of Hertz Global Holdings, Inc. (the “Company” or “Hertz Holdings”), completed an offering of $425,000,000 aggregate principal amount of its 5.500% Exchangeable Senior Notes due 2030 (the “Notes”)
View on SEC.gov
Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

HERTZ GLOBAL HOLDINGS, INC issued 60,975,600 shares of Common Stock of common stock to holders of the Notes.

Security
common stock
Shares
60,975,600 shares of Common Stock
Purchaser
holders of the Notes
Exact text from the filing
Initially, a maximum of 60,975,600 shares of Common Stock may be issued upon exchange of the Notes
View on SEC.gov
Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

HERTZ GLOBAL HOLDINGS, INC issued convertible note to initial purchasers for $425,000,000 aggregate principal amount.

Security
convertible note
Purchaser
initial purchasers
Consideration
$425,000,000 aggregate principal amount
Exact text from the filing
(“Hertz Corp.”), the primary operating company and wholly-owned indirect subsidiary of Hertz Global Holdings, Inc. (the “Company” or “Hertz Holdings”), completed an offering of $425,000,000 aggregate principal amount of its 5.500% Exchangeable Senior Notes due 2030 (the “Notes”), which includes the exercise in full of the initial purchasers’ option to purchase up to
View on SEC.gov

10 debt financings filed in the last 30 days. Browse all debt financings →

HERTZ GLOBAL HOLDINGS, INC filing history →

Source: SEC EDGAR
accession 0000950103-25-012441
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