---
schema_version: "secwatch.filing_event.v1"
accession: "0001657853-26-000036"
form_type: "8-K"
ticker: "HTZ"
cik: "0001657853"
company_name: "HERTZ GLOBAL HOLDINGS, INC"
filed_at: "2026-06-02T20:42:59+00:00"
generated_at: "2026-06-02T20:46:40.931167+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hertz issues $1B asset-backed notes via HVF III at rates 5.09%-10.67%

## Summary
- Issued $1B in two series: Series 2026-1 ($500M) and Series 2026-2 ($500M) on May 28, 2026.
- Series 2026-1 Class A $327M at 5.09% to Class E $23M at 9.64%; Series 2026-2 Class A $327M at 5.40% to Class E $23M at 10.67%.
- Proceeds used to repay Series 2021-A variable funding notes and for future vehicle acquisition or refinancing.
- Notes are subordinated within each series: Class B through E junior to Class A.
- Principal payments begin June 2029 (Series 2026-1) and June 2031 (Series 2026-2) with expected final payment November 2029/2031 respectively.

## SEC filing metadata
- accession: 0001657853-26-000036
- form_type: 8-K
- ticker: HTZ
- cik: 0001657853
- company_name: HERTZ GLOBAL HOLDINGS, INC
- filed_at: 2026-06-02T20:42:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657853/000165785326000036/0001657853-26-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47129/000165785326000036/htz-20260528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001657853-26-000036
- JSON: https://secwatch.observer/filing/0001657853-26-000036.json
- Plain text: https://secwatch.observer/filing/0001657853-26-000036.txt

## Source-grounded claims
- claim_id: cbeb610fbdcb7c3eb0f78a4b9d22601e8bf4175f
  claim: HERTZ GLOBAL HOLDINGS, INC incurred debt of $500,000,000 aggregate principal amount of Series 2026-1 Fixed Rate Rental Car Asset Backed Notes with unaffiliated third parties at Class A: 5.09%, Class B: 5.67%, Class C: 6.45%, Class D: 7.91%, Class E: 9.64% maturing Expected final payment date November 2029, legal final payment date November 2030.
  evidence_excerpt: the Series 2026-1 Fixed Rate Rental Car Asset Backed Notes, Class A, Class B, Class C, Class D, and Class E, in an aggregate principal amount equal to $500,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657853/000165785326000036/0001657853-26-000036-index.htm
- claim_id: e9460f46dec845ea4aa0a4ab0d09ecf58f9816a4
  claim: HERTZ GLOBAL HOLDINGS, INC incurred debt of $500,000,000 aggregate principal amount of Series 2026-2 Fixed Rate Rental Car Asset Backed Notes with unaffiliated third parties at Class A: 5.40%, Class B: 6.08%, Class C: 6.76%, Class D: 8.60%, Class E: 10.67% maturing Expected final payment date November 2031, legal final payment date November 2032.
  evidence_excerpt: the Series 2026-2 Fixed Rate Rental Car Asset Backed Notes, Class A, Class B, Class C, Class D, and Class E, in an aggregate principal amount equal to $500,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657853/000165785326000036/0001657853-26-000036-index.htm
- claim_id: 0e49132b85eaa161eea39f156fc815142a796ac1
  claim: HERTZ GLOBAL HOLDINGS, INC entered into Series 2026-2 Supplement with The Bank of New York Mellon Trust Company, N.A. valued at $500,000,000 (effective 2026-05-28).
  evidence_excerpt: (2) the Series 2026-2 Fixed Rate Rental Car Asset Backed Notes, Class A, Class B, Class C, Class D, and Class E, in an aggregate principal amount equal to $500,000,000, pursuant to the Series 2026-2 Supplement (the “ Series 2026-2 Supplement ”), dated as of May 28, 2026, among HVF III, as issuer, THC, as administrator, and BNYM, as trustee, to the Base Indenture
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657853/000165785326000036/0001657853-26-000036-index.htm
- claim_id: e31a0ec299425991db43ec61c4624f22e1e43a0c
  claim: HERTZ GLOBAL HOLDINGS, INC entered into Series 2026-1 Supplement with The Bank of New York Mellon Trust Company, N.A. valued at $500,000,000 (effective 2026-05-28).
  evidence_excerpt: issued two series of notes to unaffiliated third parties: (1) the Series 2026-1 Fixed Rate Rental Car Asset Backed Notes, Class A, Class B, Class C, Class D, and Class E, in an aggregate principal amount equal to $500,000,000, pursuant to the Series 2026-1 Supplement (the “ Series 2026-1 Supplement ”), dated as of May 28, 2026, among HVF III, as issuer, THC, as administrator, and The Bank of New York Mellon Trust Company, N.A. (“ BNYM ”), as trustee, to the Base Indenture
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657853/000165785326000036/0001657853-26-000036-index.htm

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