Report
EUR 158.15 For Business Accounts Only

Moody's upgrades ratings of Hertz, assigns Caa1 to new senior unsecured notes; outlook remains stable

Rating Action: Moody's upgrades ratings of Hertz, assigns Caa1 to new senior unsecured notes; outlook remains stable. Global Credit Research- 17 Nov 2021. NOTE: On November 19, 2021, the press release was corrected as follows: In the first sentence of the paragraph of the press releases, the description of the rating action being taken on the probability of default rating was changed to to B2-PD from B3-PD.
Underlying
Hertz Corporation (The)

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

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    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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