The fate of Hertz Global Holdings Inc. depends on details still pending behind two formally submitted bids, it said in court papers.
March 30, 2021Government, 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.
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.
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.
August 11, 2020