---
schema_version: "secwatch.filing_event.v1"
accession: "0001657853-23-000115"
form_type: "8-K"
ticker: "HTZ"
cik: "0001657853"
company_name: "HERTZ GLOBAL HOLDINGS, INC"
filed_at: "2023-09-22T23:59:59+00:00"
generated_at: "2026-06-10T09:41:41.288380+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hertz increases European ABS facility to €1.2B and extends maturity to March 2026

## Summary
- Aggregate maximum borrowings under European ABS increased from €1.1B to €1.2B.
- Maturity extended from November 2024 to March 2026, providing ~16 months additional runway.
- Amendments effective September 22, 2023, also include other operational flexibility changes.
- Facility supports rental-vehicle fleet financing in France, Netherlands, Germany, Spain, and Italy.

## SEC filing metadata
- accession: 0001657853-23-000115
- form_type: 8-K
- ticker: HTZ
- cik: 0001657853
- company_name: HERTZ GLOBAL HOLDINGS, INC
- filed_at: 2023-09-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657853/000165785323000115/0001657853-23-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47129/000165785323000115/htz-20230922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001657853-23-000115
- JSON: https://secwatch.observer/filing/0001657853-23-000115.json
- Plain text: https://secwatch.observer/filing/0001657853-23-000115.txt

## Key facts
- Material Agreements
  HERTZ GLOBAL HOLDINGS, INC amended Issuer Facility Agreement with International Fleet Financing No. 2 B.V., Hertz Europe Limited, BNPP Paribas Trust Corporation UK Limited, Credit Agricole Corporate and Investment Bank valued at increase the aggregate maximum borrowings thereunder from €1.1 billion to €1.2 billion (effective 2023-09-22).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: International Fleet Financing No. 2 B.V., Hertz Europe Limited, BNPP Paribas Trust Corporation UK Limited, Credit Agricole Corporate and Investment Bank
  - Value: increase the aggregate maximum borrowings thereunder from €1.1 billion to €1.2 billion
  - Effective: 2023-09-22
  source text: 2 ”), an indirect, special purpose subsidiary of Hertz, is party to an issuer facility agreement originally dated September 25, 2018 between, among others, IFF No.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657853/000165785323000115/0001657853-23-000115-index.htm
- Material Agreements
  HERTZ GLOBAL HOLDINGS, INC amended Master Definitions and Constructions Agreement with International Fleet Financing No. 2 B.V., Hertz Europe Limited, BNPP Paribas Trust Corporation UK Limited, Credit Agricole Corporate and Investment Bank (effective 2023-09-22).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: International Fleet Financing No. 2 B.V., Hertz Europe Limited, BNPP Paribas Trust Corporation UK Limited, Credit Agricole Corporate and Investment Bank
  - Effective: 2023-09-22
  source text: In connection with the Amendments, each of the Issuer Facility Agreement and the MDCA were amended effective as of September 22, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657853/000165785323000115/0001657853-23-000115-index.htm

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