{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-078857","form_type":"8-K","ticker":"HTZ","cik":"0001657853","company_name":"HERTZ GLOBAL HOLDINGS, INC","filed_at":"2026-06-29T20:28:03+00:00","discovered_at":"2026-06-29T20:29:00.506146+00:00","generated_at":"2026-06-29T20:29:14.031141+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hertz issues $350M 6.75% exchangeable notes; share lending on 37M shares at $2.70","bullets":["$350M aggregate principal of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030 issued by Hertz Corp.","Initial exchange price of ~$3.58/share, a 32.5% premium to the $2.70 public offering price of borrowed shares.","Hertz Global loans 37,037,037 shares of common stock to J.P. Morgan at $2.70/share in a public offering.","Interest paid 50% cash (3.375%) and 50% PIK (3.375%); high-yield covenants apply.","Matures July 1, 2030; no redemption prior to Jan 6, 2029; holders' put on fundamental change."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-078857","json":"https://secwatch.observer/filing/0001104659-26-078857.json","markdown":"https://secwatch.observer/filing/0001104659-26-078857.md","text":"https://secwatch.observer/filing/0001104659-26-078857.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657853/000110465926078857/0001104659-26-078857-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/47129/000110465926078857/tm2619276d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T20:29:14.031141+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"}