Symbol not found

:HTZGQ  
0.00
0.00 (0.00%)
Debt Financing / Related, Bankruptcy / Related

Hertz's Plan Of Reorganization Confirmed By Bankruptcy Court

Published: 06/10/2021 16:04 GMT
(HTZGQ) - Hertz's Plan of Reorganization Confirmed by Bankruptcy Court.
Hertz Global Holdings Inc - Company on Target for June 30, 2021 Chapter 11 Exit.
Hertz Global Holdings Inc - Creditors to Be Paid in Full and Existing Shareholders to Receive More Than $1 Billion of Value.
Hertz Global Holdings Inc - Approval Clears Way for Hertz to Emerge From Chapter 11 by End of June 2021.
Hertz Global Holdings Inc - Plan Will Eliminate Over $5 Billion of Debt, Including All of Hertz Europe's Corporate Debt.
Hertz Global Holdings Inc - Plan Will Provide More Than $2.2 Billion of Global Liquidity to Reorganized Company.
Hertz Global Holdings Inc - Will Emerge With a New $2.8 Billion Exit Credit Facility.
Hertz Global Holdings Inc - Will Emerge With an Approximately $7 Billion of Asset-backed Vehicle Financing Facility.
Hertz Global Holdings - Plan Provides for Payment in Cash in Full to All Creditors and for Existing Shareholders to Receive More Than $1 Billion of Value.