Hertz Global falls 3.39% after issuing $685 million in new debt

Hertz Global Holdings, Inc. (NASDAQ:HTZ) saw a 3.39 percent decline on Monday, closing at $6.83 per share after issuing $685 million in new debt. The subsidiary, Hertz Vehicle Financing III LLC, issued two series of notes to raise funds for operational liquidity and fleet expansion.

Hertz Global Holdings, Inc. (NASDAQ:HTZ) is an American car rental company based in Florida, owning brands like Dollar Rent A Car and Thrifty Car Rental. The company is set to release its second-quarter earnings on August 7, 2025, showcasing its commitment to customer service and business growth.

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Read more at Yahoo Finance: Hertz Global (HTZ) Falls on New $685-Million Debt Issuance