Hertz Global Holdings Inc. has entered into Amendment No. 4 to the Second Amended and Restated Series 2021-A Supplement with its subsidiary, Hertz Vehicle Financing III LLC (HVF III), and financial institutions including Deutsche Bank AG, New York Branch, and The Bank of New York Mellon Trust Company. This amendment, finalized on June 27, 2025, allows the issuance of new Class B Notes to third-party investors. The proceeds are intended to repay HVF III's existing Series 2021-A Variable Funding Rental Car Asset Backed Notes and to finance the acquisition or refinancing of vehicles for Hertz's fleet. This strategic financial move is part of Hertz's ongoing efforts to optimize its vehicle financing operations.
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