Herc Holdings Announces $1.2 Billion Senior Unsecured Notes Offering

Reuters
2025.12.02 13:13
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Herc Holdings Inc. announced a $1.2 billion private offering of senior unsecured notes due 2031 and 2034. The proceeds will be used to redeem existing 5.50% Senior Notes due 2027. The offering targets qualified institutional buyers in the U.S. and international investors under Rule 144A and Regulation S.

Herc Holdings Inc. has announced a proposed private offering of $1.2 billion in senior unsecured notes, consisting of notes due 2031 and notes due 2034. The notes will be senior unsecured obligations of the company and will be guaranteed on a senior unsecured basis by current and future domestic subsidiaries, including Herc Rentals Inc. Proceeds from the offering are expected to be used to redeem all $1.2 billion in aggregate principal amount of the company’s 5.50% Senior Notes due 2027 and to pay related fees and expenses. The offering will be made to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Herc Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251201570870) on December 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)