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0 0.0029154518950438 0.0029154518950438 0.0029154518950438 0.00583090379008747 0.00437317784256563 0.00583090379008747 0.00583090379008747
Stock impact report

Hertz Announces Completion of $425 Million Exchangeable Senior Notes Offering [Yahoo! Finance]

Hertz Global Holdings, Inc (HTZ) 
Last hertz global holdings, inc earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.hertz.com
Company Research Source: Yahoo! Finance
ESTERO, Fla., September 29, 2025 BUSINESS WIRE )--Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz" or the "Company"), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation ("Hertz Corp.") has completed an offering of $425 million aggregate principal amount of its 5.500% Exchangeable Senior Notes due 2030 (the "Notes"), which includes the exercise in full of the initial purchasers' option to purchase up to an additional $50 million principal amount of the Notes. With the completion of this offering, the Company has further strengthened its financial position with the support of notable investors, including Pershing Square, to further its ongoing corporate transformation. "The decision by Pershing Square and other key Hertz investors to increase their long economic exposure to the company, combined with the oversubscription of this offering, underscores the strong confidence in our company," said Scott Haralson, Chie Show less Read more
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