Herc Holdings completes acquisition of H&E Equipment Services for $78.75 cash + 0.1287 shares per share

HERC HOLDINGS INC

Completed acquisition of H&E Equipment Services; H&E stockholders received $78.75 cash + 0.1287 Herc shares per share.
Issued $1.65B 7.000% senior notes due 2030 and $1.1B 7.250% senior notes due 2033.
Entered new $4B ABL credit facility maturing 2030 and $750M term loan facility maturing 2032.
Borrowed $2.538B under new ABL to refinance prior ABL and finance the acquisition.
Appointed John M. Engquist (former H&E board member) to Herc Board, expanding size to eight.

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Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

John M. Engquist

Director

HRI · HERC HOLDINGS INC

Effective: 2025-06-02
Filed: Jun 02, 2025 23:59 UTC

On May 29, 2025, the Company expanded the size of its Board of Directors (the “Board”) from seven members to eight members and, under the terms of the Merger Agreement, appointed Mr. John M. Engquist (who previously served as a member on the H&E board of directors) to the Board.

Source: SEC EDGAR

accession 0001193125-25-133360

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