Herc Holdings Announces $1.2 Billion Notes Pricing

Herc Holdings ( (HRI) ) has provided an announcement.

On December 2, 2025, Herc Holdings Inc. announced the pricing of $1.2 billion in senior unsecured notes, divided equally between notes due in 2031 and 2034, with interest rates of 5.750% and 6.000% respectively. The proceeds from this offering, expected to close on December 16, 2025, will be used to redeem the company’s existing $1.2 billion 5.50% senior notes due 2027, indicating a strategic move to manage its debt obligations and potentially improve its financial positioning.

The most recent analyst rating on (HRI) stock is a Hold with a $137.00 price target. To see the full list of analyst forecasts on Herc Holdings stock, see the HRI Stock Forecast page.

Spark’s Take on HRI Stock

According to Spark, TipRanks’ AI Analyst, HRI is a Neutral.

Herc Holdings’ overall stock score is primarily influenced by its strong revenue growth and successful acquisition integration. However, significant challenges in profitability, cash flow management, and valuation concerns weigh heavily on the score. The technical analysis suggests neutral momentum, while the earnings call provides a positive outlook on strategic initiatives.

To see Spark’s full report on HRI stock, click here.

More about Herc Holdings

Founded in 1965, Herc Holdings Inc., operating through its subsidiary Herc Rentals Inc., is a full-line rental supplier with 612 locations across North America. The company offers a range of products and services, including aerial, earthmoving, material handling, and climate control equipment, aimed at enhancing customer efficiency, effectiveness, and safety. Herc Holdings employs approximately 9,900 people and reported pro forma total revenues of approximately $5.1 billion in 2024.

Average Trading Volume: 458,758

Technical Sentiment Signal: Hold

Current Market Cap: $4.42B

For a thorough assessment of HRI stock, go to TipRanks’ Stock Analysis page.