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HTZ - Public offerings
Hertz Global Holdings Inc (HTZ) public offerings - real-time wire coverage filtered to Offerings only.
Recent Offerings for HTZ
- Hertz Announces Pricing of Offering of 37,037,037 Shares of Common StockHertz Global Holdings, Inc. (NASDAQ:HTZ) ("Hertz" or the "Company"), a leading global rental car company, today announced that it has priced a SEC-registered offering of 37,037,037 shares of its common stock, par value $0.01 per share, (the "Common Stock"), at a public offering price of $2.70 per share. Such shares (the "Borrowed Shares") will be loaned by the Company to J.P. Morgan Securities LLC (in such capacity, the "Share Borrower"), one of the underwriters of the offering of the Borrowed Shares, pursuant to a share lending agreement. The Share Borrower or its affiliates will receive all of the proceeds of the offering of Borrowed Shares and neither the Company nor The Hertz Corporatio
- Hertz Announces Pricing of Upsized $350 Million of Exchangeable Senior First-Lien Secured PIK NotesHertz Global Holdings, Inc. (NASDAQ:HTZ) ("Hertz" or the "Company"), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation ("Hertz Corp."), has priced an offering of $350 million aggregate principal amount of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the "Notes") in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). Hertz Corp. also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $50 million ag
- Hertz Announces Proposed Offering of $100 Million of Common StockHertz Global Holdings, Inc. (NASDAQ:HTZ) ("Hertz" or the "Company"), a leading global rental car company, today announced that it intends to offer shares of its common stock, par value $0.01 per share, (the "Common Stock") at an aggregate public offering price of $100 million in a SEC-registered offering. Such shares (the "Borrowed Shares") will be loaned by the Company to J.P. Morgan Securities LLC (in such capacity, the "Share Borrower"), one of the underwriters of the offering of the Borrowed Shares, pursuant to a share lending agreement. The Share Borrower or its affiliates will receive all of the proceeds of the offering of Borrowed Shares and neither the Company nor The Hertz Corporat
- Hertz Announces Proposed Offering of $300 Million of Exchangeable Senior First-Lien Secured PIK NotesHertz Global Holdings, Inc. (NASDAQ:HTZ) ("Hertz" or the "Company"), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation ("Hertz Corp."), intends to offer, subject to market and other conditions, $300 million in aggregate principal amount of Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the "Notes") in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Hertz Corp. also expects to grant the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days fro
- Hertz and Polestar Announce Global Strategic Partnership to Accelerate Electric Vehicle AdoptionHertz to purchase up to 65,000 electric vehicles over five years ESTERO, Fla. and GOTHENBURG, Sweden, April 4, 2022 /PRNewswire/ -- Hertz (NASDAQ:HTZ) and Polestar, the Swedish premium electric performance car maker, today announced a new global partnership that includes purchasing up to 65,000 electric vehicles (EVs) over five years. Availability is expected to begin in Spring 2022 in Europe and late 2022 in North America and Australia. For Hertz, the partnership is part of the company's ongoing commitment to lead in electrification, shared mobility and a digital-first custom
- Hertz Announces Pricing of $1.5 Billion Private Offering of Senior Notes by The Hertz CorporationESTERO, Fla., Nov. 17, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) ("Hertz" or the "Company") today announced that its wholly-owned indirect subsidiary, The Hertz Corporation ("Hertz Corp."), has entered into an agreement to sell $500 million aggregate principal amount of 4.625% Senior Notes due 2026 (the "2026 Notes") and $1.0 billion aggregate principal amount of 5.000% Senior Notes due 2029 (the "2029 Notes" and, together with the 2026 Notes, the "Notes") in a private offering (the "Offering") exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Offering is expected to close on or about November 23, 2021, subject
- Hertz Announces Proposed $1.5 Billion Private Offering of Senior Notes by The Hertz CorporationESTERO, Fla., Nov. 17, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) ("Hertz" or the "Company") today announced that its wholly-owned indirect subsidiary, The Hertz Corporation ("Hertz Corp."), intends to offer $1.5 billion aggregate principal amount of senior unsecured notes due 2026 (the "2026 Notes") and senior unsecured notes due 2029 (the "2029 Notes" and, together with the 2026 Notes, the "Notes"), subject to market and other conditions, in a private offering (the "Offering") exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Notes will pay interest semi-annually in arrears. The Notes are expected to be guaran
- Hertz Announces Pricing of Upsized Public Offering of Common Stock by Selling StockholdersESTERO, Fla., Nov. 8, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK:HTZZ) ("Hertz" or the "Company") announced today the pricing of an upsized public offering of 44,520,000 shares of its common stock by certain stockholders of Hertz at a price to the public of $29.00 per share. Of the shares offered, Hertz expects to repurchase from the underwriters 10,344,828 shares having an aggregate purchase price of $300 million at the price to the public in the offering (the "Repurchase"). In addition, a selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 6,678,000 shares of Hertz common stock. Hertz will not receive any proceeds from the sale of s