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HERTZ CORPORATION: Willkie, Young Represent Noteholder Group

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In the Chapter 11 cases of The Hertz Corporation, et al., the law firms of Willkie Farr & Gallagher LLP and Young Conaway Stargatt & Taylor, LLP submitted a verified statement under Rule 2019 of the Federal Rules of Bankruptcy Procedure, to disclose that they are representing the Ad Hoc Noteholder Group.

The Ad Hoc Noteholder Group issued under the following indentures: (a) that certain Indenture, dated as of October 16, 2012, relating to the 6.25% Senior Notes due 2022; (b) that certain Indenture, dated as of October 16, 2012, relating to the 5.50% Senior Notes due 2024; (c) that certain Indenture, dated as of August 1, 2019, relating to the 7.125% Senior Notes due 2026; and (d) that certain Indenture, dated as of November 25, 2019, relating to the 6.0% Senior Notes due 2028.

As of June 1, 2020, members of the Ad Hoc Noteholder Group and their disclosable economic interests are:

683 Capital Management
3 Columbus Circle, Suite 2205
New York, NY 10019

* 2026 Notes: $10,000,000
* 2028 Notes: $28,005,000

Aegon Asset Management
227 W Monroe, Suite 6000
Chicago, IL 60606

* 2022 Notes: $11,000,000
* 2024 Notes: $45,388,000
* 2028 Notes: $32,578,000

Alliance Bernstein
AllianceBernstein L.P.
1345 Avenue of the Americas
New York, NY 10105

* 2022 Notes: $14,038,000
* 2024 Notes: $61,638,000
* 2026 Notes: $19,984,000
* 2028 Notes: $37,085,000

Bank of America
One Bryant Park
New York, NY 10036

* 2022 Notes: $2,275,000
* 2024 Notes: $8,068,000
* 2026 Notes: $20,090,000
* 2028 Notes: $21,120,000

Columbia Management Investment Advisers, LLC
707 2nd Ave. S.
Minneapolis, MN 55402

* 2024 Notes: $25,000,000
* 2026 Notes: $33,000,000
* 2028 Notes: $70,000,000

D.E. Shaw Galvanic Portfolios, L.L.C.
1166 Avenue of the Americas, 9th Floor
New York, NY 10036

* 2022 Notes: $20,000,000
* 2024 Notes: $3,000,000
* 2026 Notes: $42,156,000
* 2028 Notes: $124,474,000

Fir Tree Partners
55 West 46th Street, 29th Floor
New York, NY 10036

* 2026 Notes: $1,500,000
* 2028 Notes: $3,500,000

Invesco
1555 Peachtree St.
NE Atlanta, GA 30309

* 2022 Notes: $423,000
* 2024 Notes: $700,000
* 2026 Notes: $5,003,000

JP Morgan Asset Management
1 E. Ohio St., 6th Floor
Indianapolis, IN 46204

* 2022 Notes: $10,500,000
* 2024 Notes: $142,100,000
* 2026 Notes: $82,200,000
* 2028 Notes: $86,900,000

Nomura Corporate Research and
Asset Management Inc.
309 W. 49th St.
New York, NY 10019

* 2024 Notes: $4,000,000
* 2026 Notes: $43,000,000
* 2028 Notes: $47,000,000

The Northwestern Mutual Life Insurance Company
720 East Wisconsin Avenue
Milwaukee, WI 53202

* 2022 Notes: $7,431,000
* 2024 Notes: $350,000
* 2026 Notes: $9,750,000
* 2028 Notes: $33,450,000

TD Asset Management
TD Canada Trust Tower,
161 Bay Street, 33rd Floor
Toronto, Ontario, M5J 2T2

* 2022 Notes: $4,400,000
* 2024 Notes: $8,904,000
* 2026 Notes: $2,000,000

Zinnia Perch, L.L.C.
299 Park Ave #40
New York, NY 10171

* 2022 Notes: $8,000,000
* 2024 Notes: $5,000,000
* 2026 Notes: $11,000,000
* 2028 Notes: $1,000,000

On or around May 4, 2020, the Ad Hoc Noteholder Group retained Willkie to represent them in connection with the Debtors’ restructuring. On or around May 26, 2020, the Ad Hoc Noteholder Group retained Young Conaway, soon after the Debtors’ bankruptcy filing in Delaware.

Counsel represents only the Ad Hoc Noteholder Group in connection with these chapter 11 cases. Each member of the Ad Hoc Noteholder Group is aware of, and has consented to, Counsel’s “group representation” of the Ad Hoc Noteholder Group. No member of the Ad Hoc Noteholder Group represents or purports to represent any other entities in connection with these chapter 11 cases.

Nothing contained in this Verified Statement or Exhibit A should be construed as a limitation upon, or waiver of, any rights of any member of the Ad Hoc Noteholder Group. The information contained herein is intended only to comply with Bankruptcy Rule 2019 and not for any other purpose. Counsel does not make any representation regarding the validity, amount, allowance, or priority of such economic interests and reserves all rights with respect thereto.

Upon information and informed belief after due inquiry, Counsel does not hold any claim against, or interest in, the Debtors or their estates.

Counsel to the Ad Hoc Ad Hoc Noteholder Group can be reached at:

WILLKIE FARR & GALLAGHER LLP
Rachel C. Strickland, Esq.
Daniel I. Forman, Esq.
Agustina G. Berro, Esq.
787 Seventh Avenue
New York, NY 10019
Telephone: (212) 728-8000
Facsimile: (212) 728-8111
Email: rstrickland@willkie.com
dforman@willkie.com
aberro@willkie.com

– and –

YOUNG CONAWAY STARGATT & TAYLOR LLP
Edmon L. Morton, Esq.
Matthew B. Lunn, Esq.
Joseph M. Mulvihill, Esq.
Rodney Square
1000 North King Street
Wilmington, DE 19801
Telephone: (302) 571-6600
Facsimile: (302) 571-1253
Email: emorton@ycst.com
mlunn@ycst.com
jmulvihill@ycst.com

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com, is available at https://is.gd/9KiQzs and https://is.gd/A6bkbj

About Hertz Corp.

Hertz Corp. and its subsidiaries operate a worldwide vehicle rental business under the Hertz, Dollar, and Thrifty brands, with car rental locations in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East, and New Zealand. The Company also operates a vehicle leasing and fleet management solutions
business.

On May 22, 2020, The Hertz Corporation and certain of its U.S. and Canadian subsidiaries and affiliates filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court (Bankr. D. Del. Case No. 20-11218).

The Hon. Mary F. Walrath is the presiding judge.

White & Case LLP is serving as legal advisor, Moelis & Co. is serving as investment banker, and FTI Consulting is serving as financial advisor. Richards, Layton & Finger, P.A., is the local counsel.

Prime Clerk LLC is the claims agent, maintaining the page https://restructuring.primeclerk.com/hertz

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