HHH

Hertz Corporation 12.625% 15-JUL-2029

No trades
See on Supercharts
Overview
Analysis

Key terms


Outstanding amount
‪750.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
12.63% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
10.37%
Maturity date
Jul 15, 2029
Term to maturity
4 years

About Hertz Corporation 12.625% 15-JUL-2029


Issuer
The Hertz Corp.
Sector
Finance
Industry
Finance/Rental/Leasing
Home page
Issue date
Jun 28, 2024
FIGI
BBG01NG065X6
Hertz is the largest worldwide airport general use car rental company with more than 1,700 airport locations in the U.S. and more than 1,300 airport locations internationally. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi, and unique vehicles offered through the Adrenaline, Dream, Family, Fun, Green and Prestige Collections set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The company also owns Hertz Equipment Rental Corporation (HERC), one of the largest equipment rental businesses with more than 355 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors.
Advanced bond data for paid plans
Unlock important bond data including coupon rates, redemption details, risk assessments, and much more.