- Hertz Global Holdings Inc’s (NASDAQ:HTZ) wholly-owned indirect subsidiary, The Hertz Corporation, intends to offer $1.5 billion of senior unsecured notes due 2026 and senior unsecured notes due 2029 in a private offering.
- The Notes will pay interest semi-annually in arrears. Hertz Corp. intends to use the proceeds, together with available cash, to repurchase Series A preferred stock and general corporate purposes.
- Price Action: HTZ shares are trading higher by 0.80% at $23.275 on the last check Wednesday.
StoneCastle Financial Q3 EPS $0.40 Down From $0.42 YoY
StoneCastle Financial (NASDAQ:BANX) reported quarterly earnings of $0.40 per share. This is a 4.76 percent decrease over earnings of $0.42 per share from the same period last year.
