Hertz Global Holdings secures $300 million in a dilutive capital raise through Exchangeable Senior First-Lien Secured PIK Notes. This funding is critical for maintaining operational liquidity amid market challenges.
Amount Raised
$300 Million
Round Type
Debt Financing
EsteroTransportationTravelAutomotiveleisure, travel & tourismDescription
Hertz Global Holdings has announced a significant $300 million capital raise through Exchangeable Senior First-Lien Secured PIK Notes. This decision comes after the company faced unexpected softness in the used car market, impacting its liquidity. The raise is aimed at ensuring operational viability and addressing recent financial challenges. Investors are advised to review their positions ahead of potential market reactions.
Quick answer
Hertz Global Holdings raised $300 Million in a Debt Financing round, dated August 18, 2026. Hertz Global Holdings is based in Estero, Florida, United States.
- How much did Hertz Global Holdings raise?
- Hertz Global Holdings raised $300 Million in a Debt Financing round on August 18, 2026.
- What does Hertz Global Holdings do?
- Hertz Global Holdings, Inc. is a leading global rental car company that operates the Hertz, Dollar and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle..
- Where is Hertz Global Holdings based and how big is it?
- Hertz Global Holdings is based in Estero, Florida, United States. Fundz records about 26,000 employees.
- Who are the decision-makers at Hertz Global Holdings?
- Fundz holds 2 contacts at Hertz Global Holdings. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Travel around the same time
Companies in the same sectors as Hertz Global Holdings that raised within 45 days of this round, from Fundz verified event records.
- Samson Sky raised $80M on September 15, 2026.
- Bonbon Mobility raised $500K (Pre-Seed) on September 25, 2026.
- Drivn Transition Private Limited raised $4.7M (Seed) on September 23, 2026.
- Stasher.com raised $4M (Funding Round) on September 23, 2026.
- Spinoto raised $149K (Pre-Seed) on September 21, 2026.
- Drivn raised $4.7M (Seed) on September 21, 2026.
Who to call at Hertz Global Holdings, and when
A new round usually means Hertz Global Holdings is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Hertz Global Holdings raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Hertz Global Holdings, from your own LinkedIn network
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Related People
Hertz Global Holdings raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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