Hertz considers $700m debt sale for balance sheet bolstering, as reported by Bloomberg.
Hertz is considering a $700 million sale of secured debt and convertible notes to bolster its balance sheet, as reported by Bloomberg. The rental car company's advisors have begun contacting potential investors for the offering, with no final decisions made yet. Hertz has been exploring financing options after reporting a loss in April that was nearly three times worse than analysts expected.
June 06, 2024
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