{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-25-015808","form_type":"8-K","ticker":"HTZ","cik":"0001657853","company_name":"HERTZ GLOBAL HOLDINGS, INC","filed_at":"2025-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.063762+00:00","generated_at":"2026-05-16T14:16:11.205712+00:00","sec_items":["1.01","2.03","8.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Hertz issues $1B in asset-backed notes via HVF III; redeems $300M of 2026 senior notes","bullets":["HVF III issued $450M Series 2025-5 (4.62%-7.74%) and $550M Series 2025-6 (4.89%-8.30%) fixed-rate asset-backed notes due 2030/2032.","Net proceeds partly repay Series 2021-A variable funding notes; remainder funds future vehicle acquisition or refinancing.","THC gives notice to redeem $300M of 4.625% senior notes due 2026 on December 15, 2025 at 100% plus accrued interest.","Amortization events (e.g., covenant default, insufficient assets) could force early principal payments or vehicle sales.","Notes are secured by U.S. rental car fleet; subordination structure among Class A, B, C, D notes."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-25-015808","json":"https://secwatch.observer/filing/0000950103-25-015808.json","markdown":"https://secwatch.observer/filing/0000950103-25-015808.md","text":"https://secwatch.observer/filing/0000950103-25-015808.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657853/000095010325015808/0000950103-25-015808-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/47129/000095010325015808/dp238370_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T14:16:11.205712+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"}