debt
confidence high
sentiment positive
materiality 0.60
Hertz extends $1.665B revolver maturity to March 2028; extends ABS facilities
HERTZ GLOBAL HOLDINGS, INC
- Extended ~$1.665B of revolving credit commitments from June 2026 to March 2028 (springing maturity).
- Total revolver capacity $2B until June 2026, then $1.665B until Extended Revolving Maturity Date.
- Series 2021-A ABS: commitment termination extended to May 2027; principal $3.64B to April 2026 then $2.86B.
- European ABS: €1.160B Class A notes maturity extended to April 2027; total €1.289B until March 2026.
- Amendments executed May 6-9, 2025; no new borrowing, only maturity extension.