Herc Rentals extends receivables financing agreement maturity to Aug. 31, 2027
HRI•Receivables financing agreement extended
Herc Holdings entered a Ninth Amendment to its receivables financing agreement on Aug. 31, 2026.
- The deal extends the facility’s maturity to Aug. 31, 2027.
- The amendment raises commitments and increases uncommitted allocations to expand borrowing availability.
- The facility involves Credit Agricole CIB as administrative agent, lenders, Herc Rentals as servicer, and Herc Receivables U.S. as borrower.
- Borrowings remain secured by liens on receivables and other assets of the receivables subsidiary.
