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-0.000479192938209335 0.00882723833543498 0.00756620428751571 0.00882723833543498 0.00882723833543498 0.00882723833543498 0.00882723833543498 0.00882723833543498
Stock impact report

Hertz in talks with creditors to avoid debt default, faces May 4 deadline [Yahoo! Finance News]

Hertz Global Holdings, Inc (HTZ) 
Last hertz global holdings, inc earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.hertz.com
FILE PHOTO: The logo of the American car rental company Hertz is seen at the Nantes-Atlantique airport in Bouguenais near NantesBy Jessica DiNapoliReuters) - Hertz Global Holdings Inc said on Wednesday it was in talks with its lenders to avoid defaulting on debt related to its rental vehicle fleet, after skipping a payment that was due April 27.Hertz, whose Hertz Corp subsidiary operates the Hertz, Dollar and Thrifty rental brands, said in a regulatory filing that it had suffered a "sudden and dramatic negative impact" on its business due to the coronavirus pandemic, which has crushed demand for rental cars as people cancel travel and stay at home.Hertz's shares were trading at roughly $3.71 on Wednesday, down about 20% on the day and down around 80% from late February. Billionaire Carl Icahn owns 38.9% of Hertz.The Estero, Florida-based company has been working with debt restructuring advisers on re-working its finances, Reuters reported last week. The company's debt load totals $17 Show less Read more
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