---
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"
generated_at: "2026-06-08T00:08:54.974659+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Hertz Corp. amends credit facility, adds $500M in incremental term loans

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001657853-23-000166
- JSON: https://secwatch.observer/filing/0001657853-23-000166.json
- Plain text: https://secwatch.observer/filing/0001657853-23-000166.txt

## Key facts
- Material Agreements
  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).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Barclays Bank PLC, as administrative agent
  - Value: $500 million
  - Effective: 2023-11-17
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1657853/000165785323000166/0001657853-23-000166-index.htm

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