secwatch.observer — SEC 8-K summary
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Issuer:     HERC HOLDINGS INC (HRI)
CIK:        0001364479
Form:       8-K
Filed at:   2024-06-07T23:59:59+00:00
Accession:  0001364479-24-000035
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Herc Holdings issues $800M of 6.625% Senior Notes due 2029
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- Issued $800M aggregate principal amount of 6.625% Senior Notes due June 15, 2029.
- Interest payable semi-annually on June 15 and Dec 15, commencing Dec 15, 2024.
- Notes are senior unsecured, ranking equally with existing senior debt; guaranteed by domestic subsidiaries.
- Redemption: make-whole prior to June 2026; then at 103.313% (2026-2027), 101.656% (2027-2028), 100% thereafter.
- Change of control triggers offer to repurchase at 101% of principal; asset sale triggers offer at 100%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364479/000136447924000035/0001364479-24-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364479/000136447924000035/hri-20240607.htm
  HTML page:      https://secwatch.observer/filing/0001364479-24-000035

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