Item 1.01 Entry into a Material Definitive Agreement
European ABS
On December 21, 2021, International Fleet Financing No. 2 B.V. (the "IFF
No. 2"), an indirect, special purpose subsidiary of The Hertz Corporation
("Hertz"), amended its facility agreement, dated September 25, 2018 between,
among others, IFF No. 2, Hertz Europe Limited (as Administrator), BNPP Paribas
Trust Corporation UK Limited (as Security Trustee), and Credit Agricole
Corporate and Investment Bank (as Administrative Agent) (the "European ABS
Facility") (i) to increase the aggregate maximum borrowings from €450 million to
€750 million and (ii) to extend the maturity of the European ABS Facility from
April 2022 to October 2023, effective as of December 21, 2021. In connection
with the amendments, Hertz has entered into a performance guarantee with respect
to certain obligations of certain of its subsidiaries in their capacities as
lessees, servicers and administrators under the related documents entered into
in connection with the European ABS Facility. The amendments also provide for
certain operational flexibility regarding the use and composition of the fleet
financed by the facility.
© Edgar Online, source Glimpses
HERTZ GLOBAL HOLDINGS, INC. 
