PRICE TALK: Hertz $1.65b 1L for Reorg Financing L+375-400, 99.0

Commitments due June 15 at 12pm ET.

• Borrower: Hertz Corp
• ~$1.65b 1L TLs comprised of $1.3b 7Y TLB and up to $350m 7Y TLC
  • Price Talk: L+375-400, 0.50%, 99.0
  • Call: 101 SC 6 months
• UOP: Finance the co’s plan of reorganization
  • Read more: Hertz’s Plan Fuels New Questions; Mallinckrodt Fights Opposition
• Bookrunners: Barclays-led

To contact the reporter on this story:
Allan Lopez in New York at alopez11@bloomberg.net

To contact the editors responsible for this story:
Natalie Harrison at nharrison73@bloomberg.net

Lara Wieczezynski

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