Hertz files for bankruptcy as the coronavirus pandemic crushes the car-rental industry (HTZ)

Business Insider
By Tyler Sonnemaker and Lauren FriasMay 22, 2020, 10:14 pm207 pts
Hertz filed for bankruptcy Friday night after failing to reach an agreement with lenders, The Wall Street Journal first reported Friday. Hertz has around $19 billion in debt, including $4.3 billion in corporate bonds and loans as well as $14.4 billion of debt backed by their vehicles, according to The Journal.…

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