Financing ·
Following the June 29, 2026, issuance of $350,000,000 in 6.75% Exchangeable Senior First-Lien Secured PIK Notes due…
HTZHertz Global Holdings, Inc
Following the June 29, 2026, issuance of $350,000,000 in 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030 by subsidiary The Hertz Corporation, plus an additional $30,000,000 in notes from an option exercise settled on July 10, 2026, the company triggered an anti-dilution provision in its public warrant agreement. This adjustment decreased the public warrant exercise price from $13.61 to $12.81 per share. Simultaneously, the number of common stock shares entitled to a warrant holder upon exercise increased from 1.0140 to 1.0772 shares. Hertz Global Holdings, Inc. operates in the vehicle rental and transportation industry.