---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-320956"
form_type: "8-K"
ticker: "HRI"
cik: "0001364479"
company_name: "HERC HOLDINGS INC"
filed_at: "2025-12-16T23:59:59+00:00"
generated_at: "2026-05-16T13:01:17.906965+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Herc Holdings refinances $1.2B debt with new 5.75%/6.00% notes due 2031/2034

## Summary
- Issued $600M 5.750% notes due 2031 and $600M 6.000% notes due 2034, net proceeds used to redeem all $1.2B of 5.50% Senior Notes due 2027.
- Redemption of 2027 Notes completed on Dec 16, 2025; indenture satisfied and discharged.
- Amended credit agreement reduces interest rate margin to 1.75% (Term SOFR) and 0.75% (Base Rate); $750M term loans unchanged.
- Notes are senior unsecured, guaranteed by domestic subsidiaries, rank equally with existing senior debt.

## SEC filing metadata
- accession: 0001193125-25-320956
- form_type: 8-K
- ticker: HRI
- cik: 0001364479
- company_name: HERC HOLDINGS INC
- filed_at: 2025-12-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364479/000119312525320956/0001193125-25-320956-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364479/000119312525320956/d78206d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-320956
- JSON: https://secwatch.observer/filing/0001193125-25-320956.json
- Plain text: https://secwatch.observer/filing/0001193125-25-320956.txt

## Key facts
- Debt Financings
  HERC HOLDINGS INC incurred senior notes of $600 million of 6.000% senior unsecured notes due 2034 with Truist Bank at 6.000% per annum maturing March 15, 2034.
  - Instrument: senior notes
  - Principal: $600 million of 6.000% senior unsecured notes due 2034
  - Counterparty: Truist Bank
  - Rate: 6.000% per annum
  - Maturity: March 15, 2034
  - Event: incurrence
  source text: On December 16, 2025, Herc Holdings Inc. (the “Company”) issued $600 million aggregate principal amount of its 5.750% senior unsecured notes due 2031 (the “2031 notes”) and $600 million of 6.000% senior unsecured notes due 2034 (the “2034 notes”
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364479/000119312525320956/0001193125-25-320956-index.htm
- Debt Financings
  HERC HOLDINGS INC incurred senior notes of $600 million aggregate principal amount of its 5.750% senior unsecured notes due 2031 with Truist Bank at 5.750% per annum maturing March 15, 2031.
  - Instrument: senior notes
  - Principal: $600 million aggregate principal amount of its 5.750% senior unsecured notes due 2031
  - Counterparty: Truist Bank
  - Rate: 5.750% per annum
  - Maturity: March 15, 2031
  - Event: incurrence
  source text: On December 16, 2025, Herc Holdings Inc. (the “Company”) issued $600 million aggregate principal amount of its 5.750% senior unsecured notes due 2031 (the “2031 notes”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364479/000119312525320956/0001193125-25-320956-index.htm
- Material Agreements
  HERC HOLDINGS INC terminated 5.50% Senior Notes due 2027 valued at $1,200 million in aggregate principal amount (effective 2025-12-16).
  - Action: termination
  - Agreement: notes offering
  - Value: $1,200 million in aggregate principal amount
  - Effective: 2025-12-16
  source text: The net proceeds of the offering of the notes, together with certain other borrowings by the Company, were used to redeem all $1,200 million in aggregate principal amount of the Company’s outstanding 5.50% Senior Notes due 2027 (the “2027 Notes”) and to pay related fees and expenses.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364479/000119312525320956/0001193125-25-320956-index.htm
- Material Agreements
  HERC HOLDINGS INC entered into Indenture with Truist Bank, as trustee valued at $600 million aggregate principal amount of its 5.750% senior unsecured notes due 2031 and $600 milli (effective 2025-12-16).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Truist Bank, as trustee
  - Value: $600 million aggregate principal amount of its 5.750% senior unsecured notes due 2031 and $600 milli
  - Effective: 2025-12-16
  source text: On December 16, 2025, Herc Holdings Inc. (the “Company”) issued $600 million aggregate principal amount of its 5.750% senior unsecured notes due 2031 (the “2031 notes”) and $600 million of 6.000% senior unsecured notes due 2034 (the “2034 notes” and, together with the 2031 notes, the “notes”), under an Indenture, dated as of December 16, 2025 (the “Indenture”), among the Company, the subsidiary guarantors party thereto and Truist Bank, as trustee (in such capacity, the “Trustee”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364479/000119312525320956/0001193125-25-320956-index.htm

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