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Dear Colleagues, Customers and Friends,
We have received a few inquiries regarding Hertz Global Holdings’ recent announcement about its financial outlook. We want to make clear that we are two separate and independent public companies.
Since the spin-off in 2016, Herc Holdings Inc., an equipment rental business operating through its Herc Rentals Inc. subsidiary, has been operationally and administratively independent of Hertz. Our companies are governed by different boards of directors and we each operate in different sectors and serve different customers.
Herc Holdings Inc. recently reported first quarter results ending March 31, 2020 and provided an update regarding the impact of the COVID-19 pandemic on operations. Our financial position and balance sheet are strong, and our debt is rated B1 by Moody’s and B+ by S&P. We have ample liquidity of $1.1 billion, and our net debt totaled $2.1 billion with a net leverage ratio of 2.7x.
We are well-financed, we have ample liquidity, and we have the fleet available. We are committed to serving the equipment needs of our customers and our communities safely, efficiently and effectively.
Should you have any questions about our services or equipment for rent, please contact your customer sales representative or call 800-654-6659.
President and Chief Executive Officer
Like skid steers, compact track loaders are built to tackle tough jobs in tight confines. Powerful, comfortable and versatile, these loaders deliver first-rate pushing force and operate efficiently even in soft, sandy, wet or muddy conditions.
Features and applications include:
- Two-speed travel allows operators to reduce travel time across jobsites or between jobs
- Five-link torsion suspension undercarriage reduces cab vibration, allowing operators to stay comfortable in the cabin longer
- Large, comfortable cab offers excellent visibility
- Includes sound-dampening features
- Ideal for construction, agriculture, landscaping and grounds maintenance
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|MAKE||MODEL||CAT CLASS||RATED OPERATING CAPACITY||ENGINE||DUMP HEIGHT||HYDRAULIC FLOW||DIMENSIONS (LWH)||OPERATING WEIGHT||WEIGHT|
|Bobcat||T450||200-1430||1,400 lbs||61 hp, Diesel||109.5"||Standard 16.7 gpm||126.6" x 56" x 77.8"||6,148 lbs||6,148 lbs|
|Bobcat||T590||200-1450||2,100 lbs||66 hp, Diesel||119"||Standard 17 gpm||133" x 68" x 77.8"||7,822 lbs||7,822 lbs|
|Kubota||SVL75-2||200-1450||2,300 lbs||74 hp, Diesel||119.1"||Standard 17.4 gpm||140.8" x 74" x 82"||9,039 lbs||9,039 lbs|
|Bobcat||T590||200-1452||2,100 lbs||66 hp, Diesel||119"||High 26.7 gpm||133" x 68" x 77.8"||7,822 lbs||7,822 lbs|
|Kubota||SVL75-2F||200-1452||2,300 lbs||74 hp, Diesel||119.1"||High 29.3 gpm||140.8" x 74" x 82"||9,039 lbs||9,039 lbs|
|Bobcat||T650||200-1460||2,570 lbs||74 hp, Diesel||124"||Standard 23 gpm||136.8" x 74" x 81.3"||9,113 lbs||9,440 lbs|
|Bobcat||T740||200-1470||3,200 lbs||74 hp, Diesel||132"||Standard 23 gpm||141.6" x 80" x 81.3"||10,127 lbs||10,263 lbs|
|Kubota||SVL95-2S||200-1470||3,200 lbs||96 hp, Diesel||128.5"||Standard 23.1 gpm||154.6" x 80" x 83.3"||11,299 lbs||11,023 lbs|