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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
Herc Rentals scrapers make easy work of difficult floor removal projects. From lightweight scrapers ideal for light commercial, residential and DIY projects to high-volume, top-of-the-line riding scrapers capable of tearing through 120-feet of stubborn flooring per minute, Herc Rentals has the solution for all your floor care and surface prep needs.
Features and applications include:
- Up to 12 hours of continued operation on a single charge
- Ergonomically-designed controls
- Non-marking tires
- Fit through standard doorways and elevators
- Ideal for removing plastic floor coverings, paint from floors, chewing gum, parquet, ceramic flooring, linoleum, ice, rubber-backed and glued-down carpeting, epoxy
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|National||550||Manual Push Corded||Manual||115v / 1 hp||33" x 18" x 43"||123 lbs||100-4000|
|National||6280 COMMANDER||Self-propelled Corded||up to 45 ft/min||115v / 1.5 hp||51" x 18" x 46"||425 lbs||100-4020|
|National||6280HD GLADIATOR||Self-propelled Corded||up to 30 ft/min||115v / 1.5 hp||50" x 18" x 47"||490 lbs||100-4025|
|National||5700||Self-propelled Battery||up to 120 ft/min||(12) 180 amp AGM Batteries||54" x 25" x 51"||2,244 lbs||100-4030|
|National||7700||Self-propelled Battery||up to 200 ft/min||(12) 200 amp AGM Batteries||59" X 30" X 51"||2,572 LBS||100-4035|
|VINYL BACK, UNITARY +
UNIBOND HOT MELTS
THIN SET RE-SCRAPING