{"schema_version":"secwatch.filing_event.v1","accession":"0001657853-25-000027","form_type":"8-K","ticker":"HTZ","cik":"0001657853","company_name":"HERTZ GLOBAL HOLDINGS, INC","filed_at":"2025-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.339791+00:00","generated_at":"2026-05-24T22:36:04.670769+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Hertz issues $1B in asset-backed notes across two series to finance rental car fleet","bullets":["HVF III issued Series 2025-1 and 2025-2 notes, each $500M, with Class A-D notes per series.","Interest rates: Series 2025-1 Class A 4.91% to Class D 7.98%; Series 2025-2 Class A 5.13% to Class D 8.34%.","Expected final payment dates: Sep 2029 (Series 2025-1) and Sep 2031 (Series 2025-2); no principal due until April 2028/2030.","Proceeds used to repay outstanding Series 2021-A notes and for future vehicle acquisitions.","Notes secured by rental car assets; subordination structure with Class A senior to B, C, D."],"urls":{"canonical":"https://secwatch.observer/filing/0001657853-25-000027","json":"https://secwatch.observer/filing/0001657853-25-000027.json","markdown":"https://secwatch.observer/filing/0001657853-25-000027.md","text":"https://secwatch.observer/filing/0001657853-25-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657853/000165785325000027/0001657853-25-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/47129/000165785325000027/htz-20250312.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T22:36:04.670769+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}