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Hertz Global Holdings, Inc (NYSE:HTZ) – Hertz To Raise $1.5B Via Debt Offering


Hertz To Raise $1.5B Via Debt Offering

  • Hertz International Holdings Inc’s (NASDAQ: HTZ) wholly-owned oblique subsidiary, The Hertz Company, intends to supply $1.5 billion of senior unsecured notes due 2026 and senior unsecured notes due 2029 in a personal providing.
  • The Notes pays curiosity semi-annually in arrears. Hertz Corp. intends to make use of the proceeds, along with obtainable money, to repurchase Sequence A most popular inventory and basic company functions.
  • Worth Motion: HTZ shares are buying and selling increased by 0.80% at $23.275 on the final examine Wednesday.

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