Markets.News
Hertz Global Holdings, Inc., a prominent rental car company, has disclosed the pricing details of its SEC-registered offering. The company will be offering 37,037,037 shares of its Common Stock at a public price of $2.70 per share. These shares will be loaned to J.P. Morgan Securities LLC, one of the underwriters involved in the transaction. Each share has a par value of $0.01. This move showcases Hertz's strategic financial decisions in the realm of stock offerings.