secwatch.observer — SEC 8-K summary
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Issuer:     HERC HOLDINGS INC (HRI)
CIK:        0001364479
Form:       8-K
Filed at:   2024-06-04T23:59:59+00:00
Accession:  0001364479-24-000032
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Herc Holdings prices $800M of 6.625% senior notes due 2029, upsized from $500M
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- Initially offered $500M senior unsecured notes due 2029 on June 4, 2024.
- Offering upsized to $800M aggregate principal amount at 6.625% coupon.
- Closing expected on or about June 7, 2024, subject to customary conditions.
- Net proceeds to repay a portion of ABL credit facility debt and related fees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364479/000136447924000032/0001364479-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364479/000136447924000032/hri-20240604.htm
  HTML page:      https://secwatch.observer/filing/0001364479-24-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer