Hertz Global Raises $375 Million Through Senior Notes Offering
Deep News
Sep 25, 2025
Hertz Global Holdings, Inc. (HTZ) shares rose 3.9% in early Thursday trading following the company's successful issuance of senior notes, raising $375 million through an upsized offering. The proceeds will be utilized for cap option transactions, partial redemption of existing notes, and general corporate purposes. The notes carry an interest rate of 5.500% and are set to mature in 2030.
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