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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
Give overgrown trees and shrubs a shave with Herc Rentals chainsaws. Then blow it all away with a gasoline-powered backpack blower. Electric and gasoline powered saws are available with saw sizes ranging from 16- to 25-inches. Need to prune some branches off tall trees? Then get the 11-foot 6-inch gasoline-powered pole pruner. Once you’re done sawing and pruning, blow all the debris to curb with the blower’s 238 mph max velocity.
Features and applications:
- Cut firewood, trim trees and perform woodworking tasks with the lightweight, electric chainsaw
- Powerful, versatile, fuel-efficient and technologically advanced 20-inch saw has the power you need to rip through any size tree
- 25-inch saw is designed for long hours of sawing and is ideal of professional forestry and tree care projects
- Backpack blower weighs less than 22 pounds and produces the highest volume of air and velocity of all Stihl backpack blowers
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|Chainsaw||Stihl||MSE210CBQ||16"||1.8 kW Electric||9.4 lbs||115-2700|
|Pole Pruner||Stihl||HT132||7'6" to 11'6"||36.3 cc Electric||11.3 lbs||115-2754|
|Chainsaw||Stihl||MS362C-M||20"||59 cc Gasoline||12.8 lbs||115-2790|
|Chainsaw||Stihl||MS461||25"||76.5 cc Gasoline||14.6 lbs||115-2810|
|Dethatcher||Ryan||554871||18"||4.8 hp Gasoline||55.5" x 27" x 39"||131 lbs||115-1770|
|Backpack Blower||Stihl||BR600||64.8 cc Gasoline||21.6 lbs||115-2420|
|Walk Behind Blower||Billy Goat||F1302H||13 hp Gasoline||58" x 28.5 x 45"||160 lbs||115-2430|
|Tent Stake Post Driver||Rhino||GPD-45XA||2.5"||4-Stroke / 36 cc Gasoline||17" x 11" x 26"||44 lbs||115-2610|