Hertz issues $221.4M in Class E ABS notes; extends Series 2021-A facility to May 2028

HERTZ GLOBAL HOLDINGS, INC

Issued $221.4M aggregate Class E Fixed Rate Rental Car ABS Notes across 11 series, rates 10.67%-12.54%, maturities 2028-2032.
Affiliates of CK Amarillo LP purchased ~$22M of Class E notes; remaining sold to unaffiliated third parties.
Extended Series 2021-A Variable Funding Notes commitment termination to May 5, 2028; max principal $3.24B then $2.98B.
European ABS amendments extended maturity to April 2028 and increased commitment size to €1.293B.
Net proceeds used to finance future vehicle acquisitions or refinance existing vehicles under lease.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HERTZ GLOBAL HOLDINGS, INC entered into Class E Notes with affiliates of CK Amarillo LP and unaffiliated third parties valued at $221,421,000 (effective 2026-04-24).

Action: entry
Agreement: notes offering
Counterparty: affiliates of CK Amarillo LP and unaffiliated third parties
Value: $221,421,000
Effective: 2026-04-24

Exact text from the filing

The Series Supplements were amended primarily to issue a new Class of Fixed Rate Rental Car Asset Backed Notes, Class E, under each applicable Series Supplement, in an aggregate principal amount equal to $221,421,000.

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HERTZ GLOBAL HOLDINGS, INC filing history →

Source: SEC EDGAR

accession 0001104659-26-053020

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