Hertz Announces Commencement Of Cash Tender Offer To Purchase All Of Its Outstanding Series A Preferred Stock And Consent Solicitation
Hertz Announces Commencement Of Cash Tender Offer To Purchase All Of Its Outstanding Series A Preferred Stock And Consent Solicitation
11/23/21, 5:00 PM
Location
esteroRound Type
series a
Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz" or the "Company") announced that it is commencing today a tender 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. The tender offer will expire at midnight (at the end of the day), Eastern Standard Time, on Tuesday, December 21, 2021, unless the offer is extended. Tenders of Series A Preferred Shares must be made prior to the expiration of the tender offer and may be withdrawn at any time prior to the expiration time, in each case, in accordance with the procedures described in the tender offer materials
Company Info
Location
estero, florida, united states
Additional Info
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.