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Herc Holdings Issues $600M Senior Unsecured Notes

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Herc Holdings Issues $600M Senior Unsecured Notes

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The latest announcement is out from Herc Holdings ( (HRI) ).

On December 16, 2025, Herc Holdings Inc. issued $600 million each of 5.750% senior unsecured notes due 2031 and 6.000% senior unsecured notes due 2034. The proceeds, along with other borrowings, were used to redeem the company’s outstanding 5.50% Senior Notes due 2027. The new notes are senior unsecured obligations and are guaranteed by Herc’s domestic subsidiaries. Additionally, Herc Holdings amended its credit agreement, reducing interest rate margins, while maintaining the total loans outstanding at $750 million.

The most recent analyst rating on (HRI) stock is a Buy with a $170.00 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 score reflects strong technical indicators and positive strategic moves in debt management, offset by profitability and cash flow challenges. Successful acquisition integration and growth in specialty solutions are significant positives, but valuation concerns and local market challenges remain.

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

More about Herc Holdings

Average Trading Volume: 469,823

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.14B

For detailed information about HRI stock, go to TipRanks’ Stock Analysis page.

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