{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-033537","form_type":"8-K","ticker":"HTZ","cik":"0001657853","company_name":"HERTZ GLOBAL HOLDINGS, INC","filed_at":"2025-06-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.232193+00:00","generated_at":"2026-05-18T13:16:01.944934+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Hertz issues $985M in asset-backed notes across three series; $300M Class B at 9.28%","bullets":["$300M Series 2021-A Class B notes at 9.28% fixed, commitment termination June 2027, legal final June 2028.","$375M Series 2025-3 notes: Class A 5.06%, B 5.59%, C 6.13%, D 8.55%; expected final Dec 2028.","$310M Series 2025-4 notes: Class A 5.41%, B 5.90%, C 6.48%, D 9.34%; expected final Dec 2030.","Proceeds partly repay existing variable funding notes; remainder for vehicle acquisition/refinancing."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-033537","json":"https://secwatch.observer/filing/0001628280-25-033537.json","markdown":"https://secwatch.observer/filing/0001628280-25-033537.md","text":"https://secwatch.observer/filing/0001628280-25-033537.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657853/000162828025033537/0001628280-25-033537-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1657853/000162828025033537/htz-20250627.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T13:16:01.944934+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f7fcd4e3f4ae4231c7b19da30030ae4bde1096e6","claim":"HERTZ GLOBAL HOLDINGS, INC incurred debt of $300,000,000 with unaffiliated third parties at 9.28% maturing Series 2021-A Commitment Termination Date is June 27, 2027; Legal Final Payment Date is June 27, 2028.","evidence_excerpt":"Amendment No. 4 to Second A&R Series 2021-A Supplement was entered into primarily to issue new Class B Notes thereunder to unaffiliated third parties in an aggregate principal amount equal to $300,000,000. The Series 2021-A Class B Notes have a fixed interest rate of 9.28%; the Series 2021-A Commitment Termination Date for such notes is June 27, 2027; the Legal Final Payment Date is June 27, 2028","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657853/000162828025033537/0001628280-25-033537-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Principal","value":"$300,000,000"},{"label":"Counterparty","value":"unaffiliated third parties"},{"label":"Rate","value":"9.28%"},{"label":"Maturity","value":"Series 2021-A Commitment Termination Date is June 27, 2027; Legal Final Payment Date is June 27, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}