Hertz Talks With Banks and Treasury in Push to Avoid Bankruptcy [Yahoo! Finance News]
Hertz Global Holdings, Inc (HTZ)
Last hertz global holdings, inc earnings: 2/24 04:05 pm
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Source: Yahoo! Finance News
) -- Hertz Global Holdings Inc. is doing everything it can to preserve cash and get leniency from its lenders to avoid a bankruptcy filing amid a collapse in the travel industry, Chief Executive Officer Kathryn Marinello said in an interview.The company has been in discussions with creditors for weeks and is still pushing the U.S. Treasury Department to help rental-car companies, which Marinello says have been hit as hard as the airline sector by travelers staying home due to the coronavirus pandemic.“We are seeking the support of our lenders and banks,” said Marinello, whose biggest shareholder at Hertz is billionaire investor Carl Icahn. “We are also seeking the support of the government. Yes, we can avoid bankruptcy.”Hertz is working with several advisory firms to restructure its balance sheet, people familiar with the matter said. While the company is preparing for bankruptcy as a possibility, the people said it’s a last-resort option.The company’s shares fell 16% as of 12:30 p.m.
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HTZ
News
- Jim Cramer on Hertz: “It's a Speculative Stock” [Yahoo! Finance]Yahoo! Finance
- Does the Recent Electric Vehicle Partnership Signal a New Value Opportunity for Hertz in 2025? [Yahoo! Finance]Yahoo! Finance
- Global Car Rental Market Trends Report 2025: Growth in Budget to Luxury Segments Featuring Enterprise, Hertz, Avis, Sixt, and Europcar [Yahoo! Finance]Yahoo! Finance
- Jim Cramer on Hertz: “It Has Been a Contrary Name” [Yahoo! Finance]Yahoo! Finance
- Mobility-As-A-Service Market to Reach $2.9 Trillion, Globally, by 2034 at 23.9% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
HTZ
Earnings
- 11/4/25 - Beat
HTZ
Sec Filings
- 11/12/25 - Form 3
- 10/28/25 - Form 3
- 10/10/25 - Form 4
- HTZ's page on the SEC website