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sony12

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sony12

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Friday, 07/23/2021 3:04:20 PM

Friday, July 23, 2021 3:04:20 PM

Post# of 3540
Hertz Global Holdings, Inc. declared this week that its future is looking bright as the rental car company emerged from Chapter 11 bankruptcy more than a year since filing to restructure after being pummeled by low demand when the coronavirus pandemic hit.
In a news release on Wednesday, the 103-year-old firm stated that it "has emerged as a financially and operationally stronger company," boasting of more than $5.9 billion in new equity capital thanks to its new group of investors led by Knighthead Capital Management LLC and Certares Management LLC. 
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