{"filing":{"accession_number":"0001104659-26-077511","cik":"0000047129","ticker":null,"company_name":"HERTZ CORP","form":"8-K","filing_date":"2026-06-25","report_date":null,"primary_document":"tm2618967d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/47129/000110465926077511/tm2618967d1_8k.htm"},"events":[{"id":13687,"run_id":12156,"accession_number":"0001104659-26-077511","anchor_item_number":"8.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Hertz Corp. priced an offering of $350 million aggregate principal amount of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030, with an option for an additional $50 million. Net proceeds of approximately $339.5 million (or $388.0 million with full option exercise) will be used to repay outstanding revolving credit facility borrowings and for general corporate purposes.","company_name":"HERTZ CORP","ticker":null,"filing_date":"2026-06-25","form":"8-K","submitted_at":null,"items":[{"id":10897,"accession_number":"0001104659-26-077511","item_number":"7.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"The Item 7.01 disclosure announces the pricing of a $350 million offering of Exchangeable Senior First-Lien Secured PIK Notes due 2030 by Hertz Corp., with net proceeds of approximately $339.5 million to be used to repay revolving credit facility borrowings and for general corporate purposes. While the section also mentions a concurrent offering of 37 million borrowed shares, the primary material event is the debt issuance itself, which creates a direct new financial obligation. The concurrent share lending arrangement is ancillary to facilitate hedging by note investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-25T11:01:49.435755+00:00","company_name":"","ticker":null,"filing_date":""},{"id":10898,"accession_number":"0001104659-26-077511","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Hertz Corp. priced an offering of $350 million aggregate principal amount of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030, with an option for an additional $50 million. The company intends to use net proceeds of approximately $339.5 million (or $388.0 million with the option exercised) to repay outstanding borrowings under its revolving credit facility and for general corporate purposes. This is a material creation of a new direct financial obligation through debt issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-25T11:01:49.435755+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":10897,"accession_number":"0001104659-26-077511","item_number":"7.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"The Item 7.01 disclosure announces the pricing of a $350 million offering of Exchangeable Senior First-Lien Secured PIK Notes due 2030 by Hertz Corp., with net proceeds of approximately $339.5 million to be used to repay revolving credit facility borrowings and for general corporate purposes. While the section also mentions a concurrent offering of 37 million borrowed shares, the primary material event is the debt issuance itself, which creates a direct new financial obligation. The concurrent share lending arrangement is ancillary to facilitate hedging by note investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-25T11:01:49.435755+00:00","company_name":"HERTZ CORP","ticker":null,"filing_date":"2026-06-25"},{"id":10898,"accession_number":"0001104659-26-077511","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Hertz Corp. priced an offering of $350 million aggregate principal amount of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030, with an option for an additional $50 million. The company intends to use net proceeds of approximately $339.5 million (or $388.0 million with the option exercised) to repay outstanding borrowings under its revolving credit facility and for general corporate purposes. This is a material creation of a new direct financial obligation through debt issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-25T11:01:49.435755+00:00","company_name":"HERTZ CORP","ticker":null,"filing_date":"2026-06-25"}]}