debt
confidence high
sentiment neutral
materiality 0.40
Hertz issues €100M Class C Notes at 10.54% under European ABS facility
HERTZ GLOBAL HOLDINGS, INC
- Issued €100M Class C Notes under European ABS facility; maturity April 2027.
- Fixed interest rate of 10.54%; notes subordinated to existing Class A and B notes.
- Issued on revolving basis; proceeds used for fleet vehicle purchases by special purpose subsidiaries.
- Amendments to Issuer Facility Agreement and Master Definitions and Constructions Agreement effective July 17, 2025.
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