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2021-11-03

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Hertz announces 37.1 million share offering by selling shareholders

Hertz Global Holdings, Inc. (OTCPK:HTZZ) announced today that it has launched a public offering of i

Hertz announces 37.1 million share offering by selling shareholders

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(OTCPK:HTZZ) announced today that it has launched a public offering of i","content":"<p>Hertz Global Holdings, Inc. (OTCPK:HTZZ)&nbsp;announced today that it has launched a public offering of its common stock by certain stockholders of Hertz.The selling stockholders are offering 37,100,000 shares of Hertz common stock, of which Hertz intends to repurchase from the underwriters shares having an aggregate purchase price of between&nbsp;$250 million&nbsp;and&nbsp;$500 million&nbsp;(the \"Repurchase\"). In addition, a selling stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 5,565,000 shares of Hertz common stock. 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(OTCPK:HTZZ)&nbsp;announced today that it has launched a public offering of its common stock by certain stockholders of Hertz.The selling stockholders are offering 37,100,000 shares of Hertz common stock, of which Hertz intends to repurchase from the underwriters shares having an aggregate purchase price of between&nbsp;$250 million&nbsp;and&nbsp;$500 million&nbsp;(the \"Repurchase\"). In addition, a selling stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 5,565,000 shares of Hertz common stock. The public offering price is expected to be between&nbsp;$25.00&nbsp;and&nbsp;$29.00per share.</p>\n<p>Hertz&nbsp;stock&nbsp;tumbled&nbsp;more&nbsp;than&nbsp;11%&nbsp;in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/b5a499c4d0843e78a90fd066c9c465c1\" tg-width=\"847\" tg-height=\"621\" width=\"100%\" height=\"auto\"></p>\n<p>Hertz will not receive any proceeds from the sale of shares by the selling stockholders. 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Barclays Capital Inc. and Deutsche Bank Securities Inc. are acting as additional bookrunners, and Guggenheim Securities, LLC is acting as co-manager for the proposed offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HTZ":"赫兹租车","HTZZ":"Hertz Global Holdings, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143349376","content_text":"Hertz Global Holdings, Inc. (OTCPK:HTZZ) announced today that it has launched a public offering of its common stock by certain stockholders of Hertz.The selling stockholders are offering 37,100,000 shares of Hertz common stock, of which Hertz intends to repurchase from the underwriters shares having an aggregate purchase price of between $250 million and $500 million (the \"Repurchase\"). 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