<a href="https://laohu8.com/S/HTZWW">Hertz Global</a> Holdings Completes $425 Million Offering of 5.5% Exchangeable Senior Notes Due 2030
Hertz Global Holdings Inc. announced that its primary operating company, The Hertz Corporation, has completed an offering of $425 million aggregate principal amount of its 5.500% Exchangeable Senior Notes due 2030. The issuance includes the exercise in full of the initial purchasers' option for an additional $50 million principal amount. The notes were issued at par and will mature in 2030, bearing interest at a rate of 5.500% per year, payable semi-annually in arrears. The notes are fully and unconditionally guaranteed on a senior, unsecured basis by Hertz Global Holdings Inc. and certain subsidiaries. The notes may be exchanged into cash, shares of common stock, or a combination thereof, at Hertz's election, and may be redeemed by the company under certain conditions on or after October 6, 2028. The full prospectus URL is not included in the provided document.
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