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Hertz May sell Donlen to Pay Debt, Bloomberg Reports

Hertz May sell Donlen to Pay Debt, Bloomberg Reports

Hertz Global Holdings has considered selling it’s Donlen leasing business if it can get at least $1 billion and has several buyers interested in the fleet management company, chiefly private equity funds, according to a report from Bloomberg.

September 1, 2020

Hertz Settlement Calls for Disposal of 182,521 Vehicles
Liquidation on the Table for Hertz?

Liquidation on the Table for Hertz?

A dragged-out post-lockdown recovery, a huge debt pile, and the potential for zero recoveries for unsecured creditors make the Hertz bankruptcy a likely liquidation, says Wall Street analyst Girish Bhise.

July 17, 2020

Hertz Suspends Plan to Issue New Shares

Hertz Suspends Plan to Issue New Shares

Hertz was advised by the SEC’s Division of Corporation Finance that it intended to review the plan, at which point the plan was suspended.

June 17, 2020

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