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Hertz Global Amends European ABS Securitization Agreements

Story Highlights
  • Hertz amended agreements for European ABS to issue €100,000,000 in new Class C Notes.
  • The amendments enhance Hertz’s financing for vehicle fleets, boosting European operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hertz Global Amends European ABS Securitization Agreements

Elevate Your Investing Strategy:

Hertz Global ( (HTZ) ) has shared an announcement.

On July 17, 2025, The Hertz Corporation’s affiliates amended agreements related to their European ABS securitization platform, allowing for the issuance of new Class C Notes worth €100,000,000. These notes, maturing in April 2027 with a fixed interest rate of 10.54%, are subordinated to Class A and B Notes and issued on a revolving basis. The amendments impact Hertz’s financing activities for vehicle fleets, enhancing its operational capabilities in the European market.

The most recent analyst rating on (HTZ) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Hertz Global stock, see the HTZ Stock Forecast page.

Spark’s Take on HTZ Stock

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

The overall stock score reflects significant financial challenges and valuation concerns, partially offset by positive technical momentum and strategic initiatives highlighted in the earnings call. Recent corporate events support liquidity but face risks from macroeconomic conditions and revenue decline.

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

More about Hertz Global

Hertz Global is a leading company in the vehicle rental industry, providing rental services across various international markets, including Belgium, France, Germany, Italy, the Netherlands, and Spain.

Average Trading Volume: 11,963,331

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.39B

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

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