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Hertz Global Holdings Inc. is going to borrow $4bn to upgrade its vehicle fleet

October 30, 2020
Just yesterday US Bankruptcy Court allowed the company to borrow $1.65bn to go through 2021 (the company filed for bankruptcy protection in May). The funds will be used for corporation purposes. $4bn will be an additional financing package.
Company — Hertz
  • Full name
    The Hertz Corporation
  • Registration country
    USA
  • Industry
    Transportation