Hertz Announces Pricing of Upsized $375 Million Exchangeable Senior Notes Offering
Core Viewpoint - Hertz Global Holdings, Inc. has announced a private offering of $375 million in 5.500% Exchangeable Senior Notes due 2030, which is exempt from the registration requirements of the Securities Act of 1933 [1] Group 1 - The offering is conducted by Hertz's wholly-owned indirect subsidiary, The Hertz Corporation [1] - The principal amount of the Notes being sold is $375 million [1] - The interest rate on the Notes is set at 5.500% and they are due in 2030 [1]