Holders of Hertz 4.125% senior notes due 2021 and 5.500% senior notes due 2023 have voted in favor of a request to temporarily waive provisions which would cause an automatic acceleration of the bonds, company says in a filing to the Luxembourg Stock Exchange.
- Majority of the 2023 bond have voted in favor of the consent; votes can no longer be withdrawn
- 43.26% of the 2021 bonds have voted in favor of request; internal deadline for the consent is close of business May 22
- NOTE:
Hertz Seeks Waiver on 2021, 2023 Euro Bonds Through Sept. 30
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