Hertz in talks with banks for new financing amid travel bans, report says

Hertz in talks with banks for new financing amid travel bans, report says

Among the options being discussed by the company and banks led by Barclays Plc are a first-lien loan, second-lien financing or collateralizing the company’s vehicle fleet, Bloomberg reported. Hertz has also asked the U.S. Treasury Department for a loan.

Leave a Reply

Your email address will not be published. Required fields are marked *