Hertz in Open Market Sale Pact for Up to $500M Shares

Hertz Global Holdings enters into an Open Market Sale Agreement with Jefferies dated June 15, 2020, for up to $500 million of its common stock.

• Jefferies will be entitled to compensation at a commission rate of up to 3.0% of the gross sales price per share sold under the sales agreement
• NOTE June 12 Hertz Rally Powers Plan to Sell Potentially ‘Worthless’ Stock

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Chakradhar Adusumilli at cadusumilli@bloomberg.net

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