{"schema_version":"secwatch.filing_event.v1","accession":"0001657853-23-000166","form_type":"8-K","ticker":"HTZ","cik":"0001657853","company_name":"HERTZ GLOBAL HOLDINGS, INC","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.966452+00:00","generated_at":"2026-06-08T00:08:54.974659+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Hertz Corp. amends credit facility, adds $500M in incremental term loans","bullets":["The Hertz Corporation borrowed $500M in incremental term B loans under its First Lien Credit Facility.","Interest is alternate base rate + 2.75% or term SOFR + 3.75%, at THC's option.","Proceeds will repay existing revolving loans and fund working capital and general corporate purposes.","Quarterly principal repayments begin March 31, 2024, at 0.25% of original principal each quarter.","Incremental term loans mature on June 30, 2028."],"urls":{"canonical":"https://secwatch.observer/filing/0001657853-23-000166","json":"https://secwatch.observer/filing/0001657853-23-000166.json","markdown":"https://secwatch.observer/filing/0001657853-23-000166.md","text":"https://secwatch.observer/filing/0001657853-23-000166.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657853/000165785323000166/0001657853-23-000166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/47129/000165785323000166/htz-20231117.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T00:08:54.974659+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":"a92fad482cbc922a9559be9d4691f182d4d7862c","claim":"HERTZ GLOBAL HOLDINGS, INC amended Amendment No. 7 to Credit Agreement with Barclays Bank PLC, as administrative agent valued at $500 million (effective 2023-11-17).","evidence_excerpt":"On November 17, 2023, The Hertz Corporation (“ THC ”) entered into Amendment No. 7 to Credit Agreement (“ Amendment No. 7 ”), by and among THC, the subsidiary borrowers party thereto as borrowers from time to time (the “ Subsidiary Borrowers ”), Rental Car Intermediate Holdings, LLC, the other guarantors party thereto and Barclays Bank PLC, as administrative agent (the “ Administrative Agent ”) and a 2023 Incremental Term Lender (as defined therein), which amends that certain Credit Agreement, dated as of June 30, 2021","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657853/000165785323000166/0001657853-23-000166-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Barclays Bank PLC, as administrative agent"},{"label":"Value","value":"$500 million"},{"label":"Effective","value":"2023-11-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}