---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-011223"
form_type: "8-K/A"
ticker: "HTZ"
cik: "0001657853"
company_name: "HERTZ GLOBAL HOLDINGS, INC"
filed_at: "2025-02-11T23:59:59+00:00"
generated_at: "2026-05-26T23:23:48.517624+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hertz discloses $341.1M settlement proposal with cash and debt components

## Summary
- Settlement amount $341.1M: $327.9M contract rate claim, $10M incremental principal, $3.2M milestone payment.
- Consideration: $41.1M cash at close plus $300M new unsecured debt; 8% cash + 3% PIK, matures Sep 2029.
- Targeted close May 1, 2025; full releases upon settlement.
- Counter-proposal (Feb 6): $68.2M cash down + $272.9M first lien secured note due Dec 2025, 10% coupon.
- Filing furnishes settlement proposal and counter-proposal referenced in original Feb 10, 2025 8-K.

## SEC filing metadata
- accession: 0001104659-25-011223
- form_type: 8-K/A
- ticker: HTZ
- cik: 0001657853
- company_name: HERTZ GLOBAL HOLDINGS, INC
- filed_at: 2025-02-11T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657853/000110465925011223/0001104659-25-011223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47129/000110465925011223/tm256135d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-011223
- JSON: https://secwatch.observer/filing/0001104659-25-011223.json
- Plain text: https://secwatch.observer/filing/0001104659-25-011223.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.