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Hertz Global Issues $1 Billion Asset-Backed Notes

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Hertz Global Issues $1 Billion Asset-Backed Notes

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An update from Hertz Global ( (HTZ) ) is now available.

On December 5, 2025, Hertz Vehicle Financing III LLC, a subsidiary of The Hertz Corporation, issued two series of fixed rate rental car asset-backed notes totaling $1 billion. This move is part of Hertz’s strategy to finance its U.S. rental car fleet through securitization, with proceeds partly used to repay existing debt and potentially fund future vehicle acquisitions. Additionally, Hertz announced its intention to redeem $300 million of its senior notes due in 2026, reflecting a strategic effort to manage its debt obligations and optimize financial operations.

The most recent analyst rating on (HTZ) stock is a Hold with a $4.50 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.

Hertz Global’s overall stock score is primarily impacted by its poor financial performance and unattractive valuation. Despite positive developments in the latest earnings call, such as improved revenue and customer satisfaction, the company’s high leverage and negative profitability weigh heavily on its score. Technical indicators also suggest bearish momentum, further contributing to the low score.

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

More about Hertz Global

Hertz Global Holdings, Inc. operates in the car rental industry, providing vehicle rental services primarily through its Hertz, Dollar, and Thrifty brands. The company focuses on offering rental solutions for both leisure and business travelers across the United States and internationally.

Average Trading Volume: 11,908,807

Technical Sentiment Signal: Sell

Current Market Cap: $1.6B

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

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