Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
The latest update is out from Hertz Global ( (HTZ) ).
Hertz Global Holdings, Inc. announced that The Hertz Corporation plans to offer $500 million in additional 12.625% First Lien Senior Secured Notes due 2029. This move aims to repay outstanding borrowings and cover other expenses related to consent solicitations. The notes will be issued in a private offering, exempt from registration under the Securities Act, and will be guaranteed by Hertz’s subsidiaries. Investors are advised to consider market conditions and inherent risks.
For a thorough assessment of HTZ stock, go to TipRanks’ Stock Analysis page.
Trending Articles
- Oppenheimer Pounds the Table on Coinbase Stock
- New “Anti-Woke” ETF Targets Starbucks (NASDAQ:SBUX)
- Ford (NYSE:F) Plans New EV Plant
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
