false
0001657853
0000047129
false
8-K
2026-04-24
false
false
false
false
false
8501 Williams Road
Estero
Florida
33928
301-7000
0001657853
2026-04-24
2026-04-24
0001657853
htz:TheHertzCorprationMember
2026-04-24
2026-04-24
0001657853
us-gaap:CommonStockMember
2026-04-24
2026-04-24
0001657853
us-gaap:WarrantMember
2026-04-24
2026-04-24
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
| Co-Registrant CIK |
0000047129 |
| Co-Registrant Amendment Flag |
false |
| Co-Registrant Form Type |
8-K |
| Co-Registrant DocumentPeriodEndDate |
2026-04-24 |
| Co-Registrant Written Communications |
false |
| Co-Registrant Solicitating Materials |
|
| Co-Registrant PreCommencement Tender Offer |
false |
| Co-Registrant PreCommencement Issuer Tender Offer |
false |
| Co-Registrant Emerging Growth Company |
false |
| |
8501
Williams Road |
| |
Estero |
| |
Florida
33928 |
| |
239
301-7000 |
| |
|
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of
earliest event reported): April 24, 2026
HERTZ
GLOBAL HOLDINGS, INC.
THE
HERTZ CORPORATION
(Exact name of registrant
as specified in its charter)
| Delaware |
|
001-37665 |
|
61-1770902 |
| Delaware |
|
001-07541 |
|
13-1938568 |
(State or other jurisdiction of
incorporation) |
|
(Commission
File Number) |
|
(I.R.S.
Employer Identification No.) |
8501
Williams Road
Estero,
Florida 33928
239
301-7000
(Address, including Zip
Code, and
telephone number, including area code,
of registrant's principal executive offices)
Not
Applicable
Not
Applicable
(Former name, or former address, if changed
since last report.)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| |
|
Title
of Each Class |
|
Trading
Symbol(s) |
|
Name
of Each
Exchange on
which Registered |
| Hertz Global Holdings, Inc. |
|
Common
Stock Par value $0.01 per share |
|
HTZ |
|
The Nasdaq Stock Market LLC |
| |
|
|
|
|
|
|
| Hertz Global Holdings, Inc. |
|
Warrants
to purchase Common Stock. Each exercisable for one share of Hertz Global Holdings, Inc.’s common stock at an exercise price of $13.61 per share, subject to adjustment |
|
HTZWW |
|
The Nasdaq Stock Market LLC |
| |
|
|
|
|
|
|
| The Hertz Corporation |
|
None |
|
None |
|
None |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth
company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 1.01 | Entry into a Material Definitive
Agreement. |
HVF III Rental Car Asset Backed Note
Class E Note Issuances
On April 24, 2026, Hertz
Vehicle Financing III LLC (“HVF III”), a wholly-owned, special-purpose and bankruptcy remote subsidiary of The Hertz
Corporation (“THC”), entered into: (i) Amendment No. 1 to the Amended and Restated Series 2022-5 Supplement, dated
as of October 20, 2023 (as amended, the “Series 2022-5 Supplement”), by and among HVF III, as issuer, THC, as administrator,
and The Bank of New York Mellon Trust Company, N.A. (“BNYM”), as trustee and securities intermediary, (ii) Amendment
No. 1 to the Series 2023-2 Supplement, dated as of March 2, 2023 (as amended, the “Series 2023-2 Supplement”) by and
among HVF III, as issuer, THC, as administrator, and BNYM, as trustee and securities intermediary, (iii) Amendment No. 1 to the Series
2023-4 Supplement, dated as of August 24, 2023 (as amended, the “Series 2023-4 Supplement”), by and among HVF III,
as issuer, THC, as administrator, and BNYM, as trustee and securities intermediary, (iv) Amendment No. 1 to the Series 2024-1 Supplement,
dated as of July 26, 2024 (as amended, the “Series 2024-1 Supplement”), by and among HVF III, as issuer, THC, as administrator,
and BNYM, as trustee and securities intermediary, (v) Amendment No. 1 to the Series 2024-2 Supplement, dated as of July 26, 2024 (as amended,
“Series 2024-2 Supplement”), by and among HVF III, as issuer, THC, as administrator, and BNYM, as trustee and securities
intermediary, (vi) Amendment No. 1 to the Series 2025-1 Supplement, dated as of March 12, 2025 (as amended, the “Series 2025-1
Supplement”), by and among HVF III, as issuer, THC, as administrator, and BNYM, as trustee and securities intermediary, (vii)
Amendment No. 1 to the Series 2025-2 Supplement, dated as of March 12, 2025 (as amended, the “Series 2025-2 Supplement”),
by and among HVF III, as issuer, THC, as administrator, and BNYM, as trustee and securities intermediary, (viii) Amendment No. 1 to the
Series 2025-3 Supplement, dated as of June 30, 2025 (as amended, the “Series 2025-3 Supplement”), by and among HVF
III, as issuer, THC, as administrator, and BNYM, as trustee and securities intermediary, (ix) Amendment No. 1 to the Series 2025-4 Supplement,
dated as of June 30, 2025 (as amended, the “Series 2025-4 Supplement”), by and among HVF III, as issuer, THC, as administrator,
and BNYM, as trustee and securities intermediary, (x) Amendment No. 1 to the Series 2025-5 Supplement, dated as of December 5, 2025 (as
amended, the “Series 2025-5 Supplement”), by and among HVF III, as issuer, THC, as administrator, and BNYM, as trustee
and securities intermediary and (xi) Amendment No. 1 to the Series 2025-6 Supplement, dated as of December 5, 2025 (as amended, the “Series
2025-6 Supplement” and, collectively with the Series 2022-5 Supplement, the Series 2023-2 Supplement, the Series 2023-4 Supplement,
the Series 2024-1 Supplement, the Series 2024-2 Supplement, the Series 2025-1 Supplement, the Series 2025-2 Supplement, the Series 2025-3
Supplement, the Series 2025-4 Supplement and the Series 2025-5 Supplement, the “Series Supplements” and each, a “Series
Supplement”), by and among HVF III, as issuer, THC, as administrator, and BNYM, as trustee and securities intermediary, and
each of the Series Supplements as a supplement to the Base Indenture (the “Base Indenture”), dated as of June 29,
2021, which was previously filed as Exhibit 10.7 to the Current Report on Form 8-K filed on July 7, 2021, between HVF III,
as issuer, and BNYM, as trustee.
The Series Supplements
were amended primarily to issue a new Class of Fixed Rate Rental Car Asset Backed Notes, Class E, under each applicable Series Supplement,
in an aggregate principal amount equal to $221,421,000. The Series 2022-5 Fixed Rate Rental Car Asset Backed Notes, Class E
(the “Series 2022-5 Class E Notes”), the Series 2023-2 Fixed Rate Rental Car Asset Backed Notes, Class E
(the “Series 2023-2 Class E Notes”), the Series 2023-4 Fixed Rate Rental Car Asset Backed Notes, Class E
(the “Series 2023-4 Class E Notes”), the Series 2024-1 Fixed Rate Rental Car Asset Backed Notes, Class E
(the “Series 2024-1 Class E Notes”), the Series 2024-2 Fixed Rate Rental Car Asset Backed Notes, Class E
(the “Series 2024-2 Class E Notes”), the Series 2025-1 Fixed Rate Rental Car Asset Backed Notes, Class E
(the “Series 2025-1 Class E Notes”), the Series 2025-2 Fixed Rate Rental Car Asset Backed Notes, Class E
(the “Series 2025-2 Class E Notes”), the Series 2025-3 Fixed Rate Rental Car Asset Backed Notes, Class E
(the “Series 2025-3 Class E Notes”), the Series 2025-4 Fixed Rate Rental Car Asset Backed Notes, Class E
(the “Series 2025-4 Class E Notes”), the Series 2025-5 Fixed Rate Rental Car Asset Backed Notes, Class E
(the “Series 2025-5 Class E Notes”) and the Series 2025-6 Fixed Rate Rental Car Asset Backed Notes,
Class E (the “Series 2025-6 Class E Notes”) are described together below as the “Class E
Notes.” Approximately $22 million of the Class E Notes issued were purchased by affiliates of CK Amarillo LP,
with the remaining aggregate principal amount of Class E Notes purchased by unaffiliated third parties.
THC utilizes the HVF
III securitization platform, which consists of both variable funding notes and medium-term notes, such as the Class E Notes issued
as described herein, to finance its U.S. rental car fleet. Subject to certain conditions, additional notes may be issued in the future
under the Base Indenture.
The Class E Notes
were issued with the following terms:
| Notes Issued | |
Principal | | |
Interest Rate | | |
Expected Final
Payment Date | |
Legal Final
Payment Date |
| Class E Notes | |
| | | |
| | | |
| |
|
| Series 2022-5, Class E | |
$ | 17,019,000 | | |
| 10.67 | % | |
September 2027 | |
September 2028 |
| Series 2023-2, Class E | |
$ | 14,479,000 | | |
| 10.99 | % | |
September 2028 | |
September 2029 |
| Series 2023-4, Class E | |
$ | 24,133,000 | | |
| 11.48 | % | |
March 2029 | |
March 2030 |
| Series 2024-1, Class E | |
$ | 18,099,000 | | |
| 10.95 | % | |
January 2028 | |
January 2029 |
| Series 2024-2, Class E | |
$ | 18,099,000 | | |
| 11.99 | % | |
January 2030 | |
January 2031 |
| Series 2025-1, Class E | |
$ | 24,133,000 | | |
| 10.99 | % | |
September 2028 | |
September 2029 |
| Series 2025-2, Class E | |
$ | 24,133,000 | | |
| 12.26 | % | |
September 2030 | |
September 2031 |
| Series 2025-3, Class E | |
$ | 18,099,000 | | |
| 11.47 | % | |
December 2028 | |
December 2029 |
| Series 2025-4, Class E | |
$ | 14,962,000 | | |
| 12.28 | % | |
December 2030 | |
December 2031 |
| Series 2025-5, Class E | |
$ | 21,719,000 | | |
| 11.72 | % | |
May 2029 | |
May 2030 |
| Series 2025-6, Class E | |
$ | 26,546,000 | | |
| 12.54 | % | |
May 2031 | |
May 2032 |
The Series 2022-5
Class E Notes are subordinated to the existing Series 2022-5 Class A Notes, Class B Notes, Class C Notes and
Class D Notes. The Series 2023-2 Class E Notes are subordinated to the existing Series 2023-2 Class A Notes,
Class B Notes, Class C Notes and Class D Notes. The Series 2023-4 Class E Notes are subordinated to the existing
Series 2023-4 Class A Notes, Class B Notes, Class C Notes and Class D Notes. The Series 2024-1 Class E
Notes are subordinated to the existing Series 2024-1 Class A Notes, Class B Notes, Class C Notes and Class D
Notes. The Series 2024-2 Class E Notes are subordinated to the existing Series 2024-2 Class A Notes, Class B
Notes, Class C Notes and Class D Notes. The Series 2025-1 Class E Notes are subordinated to the existing Series 2025-1
Class A Notes, Class B Notes, Class C Notes and Class D Notes. The Series 2025-2 Class E Notes are subordinated
to the existing Series 2025-2 Class A Notes, Class B Notes, Class C Notes and Class D Notes. The Series 2025-3
Class E Notes are subordinated to the existing Series 2025-3 Class A Notes, Class B Notes, Class C Notes and
Class D Notes. The Series 2025-4 Class E Notes are subordinated to the existing Series 2025-4 Class A Notes,
Class B Notes, Class C Notes and Class D Notes. The Series 2025-5 Class E Notes are subordinated to the existing
Series 2025-5 Class A Notes, Class B Notes, Class C Notes and Class D Notes. The Series 2025-6 Class E
Notes are subordinated to the existing Series 2025-6 Class A Notes, Class B Notes, Class C Notes and Class D
Notes.
Unless an amortization
event occurs, HVF III is not required to make any principal payments on the applicable Class E Notes until the date set forth in
the column “First Principal Payment Date” opposite the applicable series of notes in the table below. Beginning in the date
set forth in the column “First Principal Payment Date” opposite the applicable series of notes in the table below, HVF III
is expected to make a payment of one-sixth of the initial principal amount of such Class E Notes until repayment is made in full
on the applicable legal final payment date for such series of notes set forth in the column “Legal Final Payment Date” in
the table below.
| Series of Notes | |
First Principal
Payment Date | |
Legal Final
Payment Date |
| Series 2022-5 | |
April 2027 | |
September 2028 |
| Series 2023-2 | |
April 2028 | |
September 2029 |
| Series 2023-4 | |
October 2028 | |
March 2030 |
| Series 2024-1 | |
August 2027 | |
January 2029 |
| Series 2024-2 | |
August 2029 | |
January 2031 |
| Series 2025-1 | |
April 2028 | |
September 2029 |
| Series 2025-2 | |
April 2030 | |
September 2031 |
| Series 2025-3 | |
July 2028 | |
December 2029 |
| Series 2025-4 | |
July 2030 | |
December 2031 |
| Series 2025-5 | |
December 2028 | |
May 2030 |
| Series 2025-6 | |
December 2030 | |
May 2032 |
The occurrence and continuation
of an amortization event related to a series of notes may result in HVF III being required to pay principal on such series of notes earlier
than anticipated. Amortization events include, among other things, the failure to pay principal or interest in a timely manner, the failure
to maintain sufficient assets compared to the outstanding amount of debt, the failure to maintain sufficient liquidity in the form of
reserve accounts or letters of credit, the presence of certain liens on HVF III’s assets, any misrepresentations by HVF III, any
covenant defaults and defaults by either HVF III or THC, as administrator of HVF III under the Administration Agreement, dated as of
June 29, 2021, which was previously filed as Exhibit 10.9 to the Current Report on Form 8-K filed on July 7, 2021.
In the event that one or more amortization events occurs and is continuing, holders of such series of notes may force HVF III or BNYM
on their behalf to sell vehicles and, if a default occurs under the Master Motor Vehicle Operating Lease and Servicing Agreement (HVF
III) (the “Lease”), dated as of June 29, 2021, which was previously filed as Exhibit 10.8 to the Current
Report on Form 8-K filed on July 7, 2021, the holders of such series of notes may force THC and/or DTG Operations, Inc.,
a wholly-owned indirect subsidiary of THC, each as a lessee under the Lease, to return vehicles for sale by HVF III. Proceeds of any
such sales made during the enforcement of remedies are required to repay the applicable series of notes and any notes issued by HVF III
in the future.
The net proceeds of
the Class E Notes are expected to be used for the future acquisition or refinancing of eligible vehicles to be leased under the
Lease or, in certain circumstances, any excess of the proceeds could be distributed by HVF III to THC.
The foregoing descriptions
of the Class E Notes are qualified in their entirety by reference to the complete terms and conditions of (i) the Series 2022-5
Supplement, a copy of which is attached hereto as Exhibit 10.1 to this Current Report on Form 8-K, which is incorporated by
reference herein, (ii) the Series 2023-2 Supplement, a copy of which is attached hereto as Exhibit 10.2 to this Current
Report on Form 8-K, which is incorporated by reference herein, (iii) the Series 2023-4 Supplement, a copy of which is
attached hereto as Exhibit 10.3 to this Current Report on Form 8-K, which is incorporated by reference herein, (iv) the
Series 2024-1 Supplement, a copy of which is attached hereto as Exhibit 10.4 to this Current Report on Form 8-K, which
is incorporated by reference herein, (v) the Series 2024-2 Supplement, a copy of which is attached hereto as Exhibit 10.5
to this Current Report on Form 8-K, which is incorporated by reference herein, (vi) the Series 2025-1 Supplement, a copy
of which is attached hereto as Exhibit 10.6 to this Current Report on Form 8-K, which is incorporated by reference herein,
(vii) the Series 2025-2 Supplement, a copy of which is attached hereto as Exhibit 10.7 to this Current Report on Form 8-K,
which is incorporated by reference herein, (viii) the Series 2025-3 Supplement, a copy of which is attached hereto as Exhibit 10.8
to this Current Report on Form 8-K, which is incorporated by reference herein, (ix) the Series 2025-4 Supplement, a copy
of which is attached hereto as Exhibit 10.9 to this Current Report on Form 8-K, which is incorporated by reference herein,
(x) the Series 2025-5 Supplement, a copy of which is attached hereto as Exhibit 10.10 to this Current Report on Form 8-K,
which is incorporated by reference herein, and (xi) the Series 2025-6 Supplement, a copy of which is attached hereto as Exhibit 10.11
to this Current Report on Form 8-K, which is incorporated by reference herein.
Amendment to Third Amended and Restated
Series 2021-A Supplement
On April 28, 2026, Hertz Vehicle Financing III
LLC (“HVF III”), a wholly-owned, special-purpose and bankruptcy remote subsidiary of THC, and THC entered into Amendment
No. 2 to Third Amended and Restated Series 2021-A Supplement (“Amendment No. 2 to Third A&R Series 2021-A Supplement”)
by and among HVF III, as issuer, THC, as administrator, Deutsche Bank AG, New York Branch, as program agent, and BNYM, as trustee. Amendment
No. 2 to Third A&R Series 2021-A Supplement amends the Third Amended and Restated Series 2021-A Supplement, dated August 29, 2025.
Amendment No. 2 to Third A&R Series 2021-A
Supplement was entered into primarily to extend, in the ordinary course, the commitment termination date for the Series 2021-A Variable
Funding Rental Car Asset Backed Notes, Class A, issued thereunder by one year to May 5, 2028, among certain other amendments. The Class
A Maximum Principal Amount until May 7, 2027 is $3.240 billion, and thereafter the Class A Maximum Principal Amount is $2.980 billion
until May 5, 2028, after giving effect to the terms of Amendment No. 2 to Third A&R Series 2021-A Supplement.
The foregoing description of Amendment No. 2
to Third A&R Series 2021-A Supplement is qualified in its entirety by reference to Amendment No. 2 to Third A&R Series 2021-A
Supplement, a copy of which is filed as Exhibit 10.12 to this Current Report on Form 8-K and is incorporated herein by reference.
European ABS Amendments
On April 28, 2026,
affiliates of THC entered into amendments to the securitization platform for financing activities relating to such affiliates' vehicle
fleets Belgium, France, Germany, Italy, the Netherlands, and Spain (the “European ABS”) in order to: (i) extend
the maturity of the Class A Notes, the Class B Notes and the Class C Notes issued thereunder to April 2028; (ii) increase
the commitment size to an aggregate principal amount equal to €1,293,062,500; and (iii) document certain updates to the list
of committed note purchasers, conduit investors and funding agents named therein (the “Amendments”).
Pursuant to the European ABS, International Fleet Financing No. 2
B.V. (“IFF No. 2”), an indirect, special purpose subsidiary of THC, is party to an issuer facility agreement
originally dated September 25, 2018 between, among others, IFF No. 2, Hertz Europe Limited (as Administrator), BNPP Paribas
Trust Corporation UK Limited (the “Security Trustee”), and Credit Agricole Corporate and Investment Bank (as Administrative
Agent) (the “Issuer Facility Agreement”), which includes defined terms as set forth in a Master Definitions and Constructions
Agreement (the “MDCA”). IFF No. 2’s proceeds from the Issuer Facility Agreement are made available on a
revolving basis to certain special purpose fleet subsidiaries of THC (the “Fleet Companies”) for their purchases of
rental vehicles, and those vehicle fleets serve as the underlying collateral for the Issuer Facility Agreement. Certain of THC’s
international operating subsidiaries lease the vehicles from the Fleet Companies for rental to customers. THC has guaranteed certain
obligations of the international operating subsidiaries to the Fleet Companies pursuant to a Performance Guarantee and Indemnity Deed
dated December 21, 2021, as amended and/or restated from time to time (the "Guarantee").
In
connection with the Amendments, each of the Issuer Facility Agreement and the MDCA were amended and restated, effective as of April 28,
2026. For the avoidance of doubt, the Guarantee was not amended pursuant to these Amendments.
The foregoing descriptions
of the amendments to the Issuer Facility Agreement and the MDCA are qualified in their entirety by reference to Exhibits 10.13 and 10.14,
respectively, to this Current Report on Form 8-K, which are incorporated herein by reference.
| Item 2.03 | Creation of a Direct Financial
Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
The information required
by Item 2.03 contained in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.
| Item
9.01 | Financial Statements and Exhibits. |
| Exhibit |
|
Description |
| 10.1 |
|
Amendment No. 1, dated as of April 24, 2026, to Amended and Restated Series 2022-5 Supplement, dated as of October 20, 2023, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee and securities intermediary. |
| 10.2 |
|
Amendment No. 1, dated as of April 24, 2026, to Series 2023-2 Supplement, dated as of March 2, 2023, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee and securities intermediary. |
| 10.3 |
|
Amendment No. 1, dated as of April 24, 2026, to Series 2023-4 Supplement, dated as of August 24, 2023, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee and securities intermediary. |
| 10.4 |
|
Amendment No. 1, dated as of April 24, 2026, to Series 2024-1 Supplement, dated as of July 26, 2024, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee and securities intermediary. |
| 10.5 |
|
Amendment No. 1, dated as of April 24, 2026, to Series 2024-2 Supplement, dated as of July 26, 2024, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee and securities intermediary. |
| 10.6 |
|
Amendment No. 1, dated as of April 24, 2026, to Series 2025-1 Supplement, dated as of March 12, 2025, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee and securities intermediary. |
| 10.7 |
|
Amendment No. 1, dated as of April 24, 2026, to Series 2025-2 Supplement, dated as of March 12, 2025, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee and securities intermediary. |
| 10.8 |
|
Amendment No. 1, dated as of April 24, 2026, to Series 2025-3 Supplement, dated as of June 30, 2025, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee and securities intermediary. |
| 10.9 |
|
Amendment No. 1, dated as of April 24, 2026 to Series 2025-4 Supplement, dated as of June 30, 2025, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee and securities intermediary. |
| 10.10 |
|
Amendment No. 1, dated as of April 24, 2026, to Series 2025-5 Supplement, dated as of December 5, 2025, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee and securities intermediary. |
| 10.11 |
|
Amendment No. 1, dated as of April 24, 2026, to Series 2025-6 Supplement, dated as of December 5, 2025, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, The Hertz Corporation, as administrator, and The Bank of New York Mellon Trust Company, N.A., as trustee and securities intermediary. |
| 10.12 |
|
Amendment No. 2, dated as of April 28, 2026, to Third Amended and Restated Series 2021-A Supplement, dated as of August 29, 2025, by and among Hertz Vehicle Financing III LLC, as issuer, The Hertz Corporation, as administrator, Deutsche Bank AG, New York Branch, as program agent, and The Bank of New York Mellon Trust Company, N.A., as trustee. |
| 10.13 |
|
Amended and Restated Issuer Facility Agreement as amended and restated on April 28, 2026, by and among International Fleet Financing No. 2 B.V., Hertz Europe Limited, Credit Agricole Corporate and Investment Bank, certain committed note purchasers, conduit investors and funding agents named therein, and BNP Paribas Trust Corporation UK Limited. |
| 10.14 |
|
Amended and Restated Master Definitions and Constructions Agreement as amended and restated on April 28, 2026, by and among International Fleet Financing No. 2 B.V., Hertz Automobielen Nederland B.V., Stuurgroep Fleet (Netherlands) B.V., Hertz France S.A.S., RAC Finance S.A.S., Hertz De Espana SLU, Stuurgroep Fleet (Netherlands) B.V. Sucursal en Espaῆa, Hertz Autovermietung GmbH, Hertz Fleet Limited, Eurotitrisation S.A., BNP Paribas, Italian Branch, BNP Paribas S.A., Hertz Italiana S.R.L., IFM SPV S.R.L., Hertz Fleet Italiana S.R.L., Hertz Belgium BV, Credit Agricole Corporate and Investment Bank, Hertz Europe Limited, The Hertz Corporation, BNP Paribas, Luxembourg Branch, TMF Administrative Services B.V., TMF France Management SARL, TMF France SAS, Interpath (France) SAS, BNP Paribas Trust Corporation UK Limited, BNP Paribas S.A., Dublin Branch, BNP Paribas S.A., Netherlands Branch, Banca Nazionale Del Lavoro S.P.A., Banca Finanziaria Internazionale S.P.A., Apex Financial Services (Trust Company) Limited, certain committed note purchasers, conduit investors and funding agents named therein, Hertz Holdings Netherlands 2 B.V. and Hertz International Limited. |
| 104.1 |
|
Cover page Interactive Date File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
HERTZ GLOBAL HOLDINGS, INC.
THE HERTZ CORPORATION |
| |
(each,
a Registrant) |
| |
|
|
| |
|
|
| Date:
April 30, 2026 |
By: |
/s/
Scott M. Haralson |
| |
Name: |
Scott
M. Haralson |
| |
Title: |
Executive
Vice President and Chief Financial Officer |
