Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 -0.0282688888888888
Stock impact report

Herc Holdings Announces Proposed Private Offering of $1.0 Billion of Senior Unsecured Notes

Herc Holdings Inc. (HRI) 
Last herc holdings inc. earnings: 4/23 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.hercrentals.com
Company Research Source: Business Wire
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE:HRI) (the “Company”) today announced that it intends to offer $1.0 billion aggregate principal amount of senior unsecured notes due 2027 (the “notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), subject to market and other conditions. The terms of the notes will be determined at the time of pricing of the notes.The notes will be senior unsecured obligations of the Company and interest will be payable semi-annually in arrears. The notes will be guaranteed on a senior unsecured basis, subject to limited exceptions, by the Company’s current and future domestic subsidiaries, including Herc Rentals Inc. (“Herc”).The net proceeds from the sale of the notes are expected to be used to redeem all $864.5 million aggregate principal amount of Herc’s outstanding senior secured second priority notes, to partially repay indebtedness outstanding un Show less Read more
Impact Snapshot
Event Time:
HRI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for HRI alerts
Opt-in for
HRI alerts

from News Quantified
Opt-in for
HRI alerts

from News Quantified