Hertz Global Holdings Inc. $(HTZ)$ announced that its wholly-owned indirect subsidiary, The Hertz Corporation, plans to offer $250 million in aggregate principal amount of Exchangeable Senior Notes due 2030 in a private offering. The company may also grant initial purchasers an option to buy up to an additional $37.5 million of the notes within 13 days of issuance. The notes will bear interest payable semi-annually in arrears on April 1 and October 1 of each year, beginning April 1, 2026, and will mature on October 1, 2030. The interest rate and exchange rate will be determined through negotiations with initial purchasers. Proceeds will be used in part to fund capped call transactions and to redeem or repurchase outstanding Senior Notes due 2026. No URL for the full prospectus is provided in the document.