Business News • MarketWire • Hertz Global Holdings Announces Pricing of $598 Million Medium Term Rental Car Asset Backed Notes |
Hertz Global Holdings Announces Pricing of $598 Million Medium Term Rental Car Asset Backed Notes |
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Hertz Global Holdings Announces Pricing of $598 Million Medium Term Rental Car Asset Backed Notes
PARK RIDGE, NJ--(Marketwire - Jun 10, 2011) - Hertz Global Holdings, Inc. (the "Company") (NYSE: HTZ) announced today that Hertz Vehicle Financing LLC ("HVF"), a special purpose bankruptcy remote limited liability company of which The Hertz Corporation, a wholly-owned subsidiary of the Company, is the sole member, priced $598 million in aggregate principal amount of 3.5 year and 5.5 year Series 2011-1 Rental Car Asset Backed Notes, Class A and Class B, rated "Aaa" and "Baa2" by Moody's, respectively.
View More : http://www.marketwire.com/mw/release.do?id=1525570&sourceType=3
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