Bridge Financing Commitment News Today

(Separate multiple addresses with a comma) Your Email Address Your Message (optional) Hertz Selects $6B Bid From Knighthead, Certares and Apollo to Fund Chapter 11 Exit May 13, 2021, 08:00 AM Hertz Global Holdings announced that, following the completion of the auction previously approved by the Court in its Chapter 11 case, Hertz has selected and approved a revised proposal from certain funds and accounts managed by affiliates of each of Knighthead Capital Management LLC ("Knig...

Hertz Selects $6 Billion Bid From Knighthead, Certares And Apollo To Fund Chapter 11 Exit REVISED PROPOSAL WOULD PAY ALL CREDITORS IN FULL AND PROVIDE SUBSTANTIAL INCREASE IN THE RECOVERY TO SHAREHOLDERS News provided by Share this article Share this article ESTERO, Fla., May 12, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") today announced that, following the completion of the auction previously approved by the Court in its Chapter 11 case, Hertz ha...

Hertz Finds Equity Sponsor for its Chapter 11 Exit 05 April 2021 Hertz Global Holdings, Inc. has selected an enhanced proposal from Centerbridge Partners, L.P., Warburg Pincus LLC, and Dundon Capital Partners, LLC to provide the equity capital required to fund Hertzs exit from Chapter 11, keeping the Company on track to conclude its Chapter 11 case in June 2021. The deal is reflected in definitive executed documents, including, (1) an Equity Purchase and Commitment Agreement, (2) a Plan Su...

Hertz Selects Equity Sponsor For Its Chapter 11 Exit Decision Has the Support of Holders of Over 85% of the Companys Unsecured Notes News provided by Share this article Share this article ESTERO, Fla., April 3, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") announced today that it has selected an enhanced proposal from Centerbridge Partners, L.P., Warburg Pincus LLC, and Dundon Capital Partners, LLC (collectively, the "Sponsorship Group") to provide th...