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January 7, 2021
(2) Regulatory News: Europcar Mobility Group (Paris:EUCAR) (the Company ») and SELARL FHB, represented by Maître Hélène Bourbouloux, in its capacity as judicial administrator appointed as such by a ruling of the commercial court of Paris dated December 14, 2020 (the Judicial Administrator »), herein announce that, in the course of the meetings held on January 7, 2021 and convened by the Judicial Administrator, the financial lenders committee and the bondholders general meeting approved, by...
December 23, 2020
In the Course of the Implementation Process of Its Financial Restructuring, Europcar Mobility Group Announces a Large Support of Its Affected Financial Creditors as of December 18, 2020 On November 26 th, 2020, Europcar Mobility Group (Paris:EUCAR) announced having entered into a lock-up agreement with the members of the coordinating committee representing the group of holders of each series of 2024 Senior Notes, 2026 Senior Notes and of the EC Finance plcs Senior Secured Notes, also holding in...
December 16, 2020
Europcar names Ron Santiago as new UK managing director Written by Miles Rogerson Europcar Mobility Group has named Ron Santiago its new UK managing director. He headed up the company’s Australia and New Zealand arm for the past 12 years and succeeds Gary Smith, who has been appointed MD of the group’s Northern Europe and US regions. Santiago has worked in the rental industry since the early 1990s, having held positions at National Car Rental and Alamo. Part of his latest role will i...
December 15, 2020
Europcar: procédure de sauvegarde financière accélérée (CercleFinance.com) - Europcar Mobility Group fait part de louverture ce 14 décembre par le Tribunal de Commerce de Paris dune procédure de sauvegarde financière accélérée à son bénéfice, dans le cadre de la mise en oeuvre de sa restructuration financière. Au plus tard à la mi-janvier 2021, le Tribunal devrait soit arrêter le plan de sauvegarde financière accélérée reflétant les termes de laccord de principe conclu ave...
December 14, 2020
Click the thumbs up > Europcar Mobility Group has partnered with a Tchek, a tech start-up that has developed an automated inspection system. The drive-thru device uses artificial intelligence and 3D scanning to capture images of and detect damage on vehicles. Europcar Mobility Group will begin the digitalisation and automation of check-in check-out inspections of its traditional rental model. But, ultimately, the project will also include new mobility solutions, with a view to improving overall...
December 14, 2020
(2) Regulatory News: In the context of implementation of its financial restructuring and the agreement in principle entered into with some of its creditors on November 25 th, 2020, Europcar Mobility Group announces the opening of an accelerated financial safeguard proceedings (procédure de sauvegarde financière accélérée) Europcar Mobility Group (Paris:EUCAR) reaches a new step with the opening on this December 14 th, 2020 by the Paris Commercial Court (tribunal de commerce de Paris) of an...