Herc Holdings Inc. Amends Credit Facility to Support H&E Equipment Services Acquisition
Bonita Springs, FL – March 11, 2025 – Herc Holdings Inc. (NYSE: HRI) announced that it has amended its senior secured asset-based revolving credit facility to facilitate its previously announced acquisition of H&E Equipment Services, Inc.

Key Highlights of the Amendment:
The Third Amendment to the ABL Credit Facility allows Herc Holdings to consummate the acquisition of all outstanding shares of H&E Equipment Services, Inc.
The amendment permits the incurrence of additional debt and related liens in connection with the transaction.
The credit facility, originally established on July 31, 2019, had been previously amended in July 2022 and April 2024.
This amendment is a critical step in finalizing the H&E acquisition, strengthening Herc Holdings' position in the equipment rental industry.