Hertz
Government, Business
Hertz Eyes Bankruptcy Exit Via $4.2 Billion Stake Sale
In a deal to jettison itself from under bankruptcy protection, Hertz said March 2 that it may sell a controlling stake in the company to two investment firms for $4.2 billion.
Michelle Chapman | Associated Press
March 2, 2021Business
Hertz Weighs Plans From Two Creditor Groups for Bankruptcy Loan
Hertz Global Holdings Inc. is negotiating with its creditors for a loan to bolster operations after months of funding itself during bankruptcy, according to people with knowledge of the talks.
Eliza Ronalds-Hannon and Claire Boston | Bloomberg News
September 22, 2020Business
Hertz Seeks Bankruptcy Loan as Car Rental Volume Slowly Recovers
Hertz Global Holdings Inc. is seeking debtor-in-possession financing more than two months after filing for Chapter 11 protection, reflecting the reality that it still faces trouble ahead if travel doesn’t bounce back.
David Welch | Bloomberg News
August 11, 2020Follow Us
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