Hertz Announces Proposed Offering of $100 Million of Common Stock
ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz†or the "Companyâ€), a leading global rental car company, today announced that it intends to offer shares of its common stock, par value $0.01 per share, (the "Common Stockâ€) at an aggregate public offering price of $100 million in a SEC-registered offering. Such shares (the "Borrowed Sharesâ€) will be loaned by the Company to J.P. Morgan Securities LLC (in such capacity, the "Share Borrowerâ€), one of the underwriter. ...