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Published on 11/17/2021 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Hertz plans to buy back series A preferred stock via new notes

By Marisa Wong

Los Angeles, Nov. 17 – Hertz Corp. intends to repurchase all or a portion of the outstanding shares of its series A preferred stock using proceeds from an issuance of new senior notes due 2026, according to a Wednesday press release.

The vehicle rental company is based in Estero, Fla.


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