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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 Hertz's 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 Support Agreement, (3) a Bridge Financing Commitment for Hertz International Ltd., (4) an Amended Cha...

Hertz Selects Equity Sponsor For Its Chapter 11 Exit Decision Has the Support of Holders of Over 85% of the Company's 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 the equity capital required to fund Hertz's exit from Chapter 11, keeping the Company on track to con...