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Hertz Global Announces Pricing of $375M Senior Notes

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Hertz Global Announces Pricing of $375M Senior Notes

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Hertz Global ( (HTZ) ) has provided an announcement.

On September 25, 2025, Hertz Corp. announced the pricing of $375 million in 5.500% Exchangeable Senior Notes due 2030, with an option for initial purchasers to buy an additional $50 million. The proceeds will be used for partial redemption of existing Senior Notes due 2026 and general corporate purposes. The issuance aims to strengthen Hertz’s financial position and potentially impact its stock price through related derivative transactions.

The most recent analyst rating on (HTZ) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Hertz Global stock, see the HTZ Stock Forecast page.

Spark’s Take on HTZ Stock

According to Spark, TipRanks’ AI Analyst, HTZ is a Neutral.

Hertz Global’s overall stock score is primarily impacted by its significant financial challenges, including high leverage and negative profitability. While there are positive developments in operational improvements and strategic financing, these are overshadowed by the company’s current financial distress and valuation concerns.

To see Spark’s full report on HTZ stock, click here.

More about Hertz Global

Hertz Global Holdings, Inc. is a leading global rental car company, operating through its wholly-owned indirect subsidiary, The Hertz Corporation. The company is focused on providing rental car services worldwide.

Average Trading Volume: 7,680,653

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.17B

For a thorough assessment of HTZ stock, go to TipRanks’ Stock Analysis page.

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