Hertz Global Holdings, Inc.
HTZ (the "Company") announced today that a newly-formed, wholly-owned
subsidiary of the Company, HDTFS, Inc. (the "Escrow Issuer"), intends to offer
$600,000,000 aggregate principal amount of senior notes due 2020 (the "2020
Notes") and $600,000,000 aggregate principal amount of senior notes due 2022
(the "2022 Notes" and, together with the 2020 Notes, the "Notes") in a private
offering exempt from the registration requirements of the Securities Act of
1933, as amended (the "Securities Act"), subject to market and other
conditions. Each series of Notes will pay interest semi-annually in arrears.
The final terms of each series of Notes will be determined at the time of
pricing of the Notes.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in