---
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"
generated_at: "2026-05-18T13:16:01.944934+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hertz issues $985M in asset-backed notes across three series; $300M Class B at 9.28%

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-033537
- JSON: https://secwatch.observer/filing/0001628280-25-033537.json
- Plain text: https://secwatch.observer/filing/0001628280-25-033537.txt

## Key facts
- Debt Financings
  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.
  - Principal: $300,000,000
  - Counterparty: unaffiliated third parties
  - Rate: 9.28%
  - Maturity: Series 2021-A Commitment Termination Date is June 27, 2027; Legal Final Payment Date is June 27, 2028
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1657853/000162828025033537/0001628280-25-033537-index.htm

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