{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-077058","form_type":"8-K","ticker":"HTZ","cik":"0001657853","company_name":"HERTZ GLOBAL HOLDINGS, INC","filed_at":"2026-06-24T11:31:32+00:00","discovered_at":"2026-06-24T11:35:00.306120+00:00","generated_at":"2026-06-24T11:35:17.200257+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Hertz announces $300M exchangeable notes offering and $100M stock lending to facilitate hedging","bullets":["Hertz Corp. to offer $300M aggregate principal of Exchangeable Senior First-Lien Secured PIK Notes due 2030; initial purchasers option for $45M more.","Notes bear PIK interest with portion paid in cash and PIK; exchangeable for cash, common stock, or combination at Hertz Corp.'s election.","Net proceeds from notes used for general corporate purposes, may include repayment of outstanding indebtedness.","Simultaneously, Hertz loans $100M of common stock to J.P. Morgan (share borrower) to facilitate hedging by note investors; Hertz receives nominal fee.","Stock offering contingent on closing of notes; notes offering not contingent on stock offering."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-077058","json":"https://secwatch.observer/filing/0001104659-26-077058.json","markdown":"https://secwatch.observer/filing/0001104659-26-077058.md","text":"https://secwatch.observer/filing/0001104659-26-077058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657853/000110465926077058/0001104659-26-077058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/47129/000110465926077058/tm2618731d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T11:35:17.200257+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"}