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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
Reach higher heights safer with Herc Rentals’ selection of ladders. Our fiberglass ladders are sturdy, lightweight and feature a variety of safety mechanisms like cages, guardrails, outriggers, ground cue indicators, slip-prevention legs and more.
- Tip & Glide™ wheels make it quick and easy to move from job to job
- Cages are constructed of non-conductive, high-strength fiberglass-resin composite and are fully adjustable in one-foot increments, allowing the operator to adjust the platform height to the job at hand
- Available wrap-around guardrail surrounds operator, making it compliant to tie-off rules
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|Little Giant||17824||HyperLite SumoStance Fiberglass||24'||1A-300 lbs||51 lbs||930-4068|
|Little Giant||17828||HyperLite SumoStance Fiberglass||28'||1A-300 lbs||56.5 lbs||930-4072|
|Little Giant||17840||HyperLite SumoStance Fiberglass||40'||1A-300 lbs||70 lbs||930-4084|
|Little Giant||19604||Safety Cage Fiberglass Step||4'||1AA-375 lbs||53 lbs||930-4244|
|Little Giant||19606||Safety Cage Fiberglass Step||6'||1AA-375 lbs||67 lbs||930-4246|
|Little Giant||19608||Safety Cage Fiberglass Step||8'||1AA-375 lbs||84 lbs||930-4248|
|Little Giant||19610||Safety Cage Fiberglass Step||10'||1A-300 lbs||80 lbs||930-4250|
|Little Giant||18509-817||Adjustible Cage Fiberglass Step||5-9'||1AA-375 lbs||130 lbs||930-4252|
|Little Giant||18515-817||Adjustible Cage Fiberglass Step||8-14'||1AA-375 lbs||153 lbs||930-4254|