Hertz Global Holdings shares are trading lower Thursday morning after its subsidiary priced an upsized private offering of $350 million.

Hertz Announces Proposed Offering of $300 Million of Exchangeable Senior First-Lien Secured PIK Notes

Hertz Announces Pricing of Upsized $350 Million of Exchangeable Senior First-Lien Secured PIK Notes

Hertz Announces Pricing of Offering of 37,037,037 Shares of Common Stock

Hertz Global Holdings shares are trading lower Thursday morning after its subsidiary priced an upsized private offering of $350 million.