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Hertz Announces Final Results Of Its Cash Tender Offer To Purchase Its Outstanding Series A Preferred Stock And Related Consent Solicitation

Dec 22, 2021•almost 4 years ago

Round Type

series a

Estero

Description

Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz" or the "Company") today announced the final results of its tender offer (the "Offer") to purchase all of its outstanding Series A Preferred Stock, par value $0.01 per share (the "Series A Preferred Shares"), at a price per Series A Preferred Share of $1,250.00, less any applicable withholding taxes, and the related consent solicitation (the "Consent Solicitation") to amend the certificate of designation of the Series A Preferred Shares (the "Proposed Amendment"). The Offer and Consent Solicitation expired at midnight (at the end of the day), Eastern Time on Tuesday, December 21, 2021.

Company Information

Company

Hertz

Location

Estero, Florida, United States

About

The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., operates the Hertz, Dollar and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle East, Asia, Australia and New Zealand. The Hertz Corporation is one of the largest worldwide vehicle rental companies, and the Hertz brand is one of the most recognized globally. Additionally, The Hertz Corporation operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets and sells vehicles through Hertz Car Sales.