secwatch.observer — SEC 8-K summary
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Issuer:     HERTZ GLOBAL HOLDINGS, INC (HTZ)
CIK:        0001657853
Form:       8-K
Filed at:   2026-08-28T20:05:47+00:00
Accession:  0001657853-26-000054
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hertz issues $875M in two ABS series; repays Series 2021-A variable funding notes
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- Series 2026-3: $357.75M to third parties (Class A $245.25M at 5.51% through D $30M at 9.62%) + $17.25M Class E at 10.33% to THC.
- Series 2026-4: $477M to third parties (Class A $327M at 5.87% through D $40M at 10.70%) + $23M Class E at 11.35% to THC.
- Net proceeds repay HVF III Series 2021-A variable funding notes; remainder for future vehicle acquisitions.
- No principal due until Sep 2029 (2026-3) and Sep 2031 (2026-4); legal final dates Feb 2031 and Feb 2033.
- Issued under Base Indenture; THC acts as administrator, BNY Mellon as trustee and securities intermediary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657853/000165785326000054/0001657853-26-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/47129/000165785326000054/htz-20260827.htm
  HTML page:      https://secwatch.observer/filing/0001657853-26-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer