---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-190517"
form_type: "8-K"
ticker: "HRI"
cik: "0001364479"
company_name: "HERC HOLDINGS INC"
filed_at: "2022-07-08T23:59:59+00:00"
generated_at: "2026-06-24T18:11:34.488919+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Herc upsizes ABL facility to $3.5B, extends maturity to July 2027

## Summary
- Revolving credit commitments increased to $3.5 billion from prior amount.
- Maturity extended to July 5, 2027; replaces LIBOR with Term SOFR for USD loans.
- Selective operational and restrictive covenants modified for increased flexibility.
- New ESG amendment provision enables KPI-linked pricing adjustments.
- Amendment effective July 5, 2022; lender group includes Bank of America as agent.

## SEC filing metadata
- accession: 0001193125-22-190517
- form_type: 8-K
- ticker: HRI
- cik: 0001364479
- company_name: HERC HOLDINGS INC
- filed_at: 2022-07-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364479/000119312522190517/0001193125-22-190517-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364479/000119312522190517/d322240d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-190517
- JSON: https://secwatch.observer/filing/0001193125-22-190517.json
- Plain text: https://secwatch.observer/filing/0001193125-22-190517.txt

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