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Hertz Global +5% on $1.65B DIP financing

Hertz Global +5% on $1.65B DIP financing  image

Hertz Global +5% on $1.65B DIP financing - Seeking Alpha

Hertz (NYSE:HTZ) +5% has entered into a commitment letter for debtor-in-possession financing with the holders of a majority in aggregate outstanding amount of its prepetition first-lien debt pursuant to which the commitment parties committed to backstop a sup…
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