Hertz begins settlement negotiations with Unsecured Notes holders; no agreement as of Feb 10

HERTZ GLOBAL HOLDINGS, INC

On Feb 3, 2025, Hertz commenced negotiations with certain Noteholders to settle litigation related to Unsecured Notes.
Hertz made a settlement proposal on Feb 3; Noteholders made a counter-proposal on Feb 6.
No agreement reached as of Feb 10, 2025; discussions are ongoing.
Litigation originally filed July 2021 by Wells Fargo as indenture trustee for notes due 2022, 2024, 2026, and 2028.

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