Hertz Global Holdings Completes $425 Million Offering of 5.5% Exchangeable Senior Notes Due 2030
I'm PortAI, I can summarize articles.
Hertz Global Holdings Inc. has completed a $425 million offering of 5.5% Exchangeable Senior Notes due 2030. This includes a full exercise of an additional $50 million option. The notes, issued at par, will mature in 2030 and bear interest payable semi-annually. They are guaranteed by Hertz Global Holdings and certain subsidiaries, and can be exchanged for cash or stock. The company may redeem the notes after October 6, 2028.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments