Hertz unit HVF III prices USD 834.75 million rental car ABS note offering

PUBT · 1d ago
Hertz unit HVF III prices USD 834.75 million rental car ABS note offering
  • Hertz’s HVF III unit issued USD 834.75 million of fixed-rate rental car asset-backed notes across Series 2026-3 and 2026-4.
  • Unaffiliated investors bought USD 357.75 million of Series 2026-3 Class A-D notes, priced at 5.51% to 9.62%.
  • Unaffiliated investors bought USD 477 million of Series 2026-4 Class A-D notes, priced at 5.87% to 10.7%.
  • Hertz purchased the Class E tranches totaling USD 40.25 million, carrying 10.33% and 11.35% coupons.
  • Proceeds repaid amounts outstanding on HVF III’s Series 2021-A variable funding notes, with remaining funds earmarked for U.S. fleet financing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hertz Global Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001657853-26-000054), on August 28, 2026, and is solely responsible for the information contained therein.