Weil advised the administrative agent and extending revolving lenders in connection with The Hertz Corporation’s amendment and extension of its existing $2 billion revolving credit facility. As a result of this amendment, $1.66 billion of commitments under the revolving credit facility were extended from June 30, 2026, to March 31, 2028, subject to a springing maturity date in the event of non-compliance with certain conditions.

The Weil deal team was led by Banking & Finance Co-Head Justin Lee and Banking & Finance partner Meredith Mackey and included counsel Nick Nikic and associate April Lewtak.