# HERTZ GLOBAL HOLDINGS, INC (HTZWW) — capital_raise [announced]
Source: SEC API (secapi.ai) · situation sit_4648049cc1fb8cddbd4c · retrieved 2026-08-11T16:02:32.891Z

## Overview
Hertz Global Holdings, Inc. is an auto rental and leasing company operating through its subsidiary The Hertz Corporation.

Hertz Global Holdings issued $350 million aggregate principal amount of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030 on June 29, 2026, plus an additional $30 million in connection with the initial purchasers' option for settlement on July 10, 2026. Pursuant to an anti-dilution provision in the warrant agreement, the public warrant exercise price was adjusted downward from $13.61 to $12.81 per share, and the number of common shares issuable upon exercise of each warrant was increased from 1.0140 to 1.0772 shares.

## Terms
- Price/share: $12.81

## Key dates
- Announced 2026-07-23

## Timeline
- 2026-07-23 · 8-K (0000950103-26-011085): 8-K - HERTZ GLOBAL HOLDINGS, INC — *Hertz Global Holdings, Inc. is an auto rental and leasing company operating through its subsidiary The Hertz Corporation.* Hertz Global Holdings issued $350 million aggregate principal amount of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030 on June 29, 2026, plus an additional $30 million in connection with the initial purchasers' option for settlement on July 10, 2026. Pursuant to an anti-dilution provision in the warrant agreement, the public warrant exercise price was adjusted downward from $13.61 to $12.81 per share, and the number of common shares issuable upon exercise of each warrant was increased from 1.0140 to 1.0772 shares.
  https://www.sec.gov/Archives/edgar/data/1657853/0000950103-26-011085.txt

## Citations
- 0000950103-26-011085 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000095010326011085