Hertz Seeking Up to $1.5 Billion In Bankruptcy Financing
Hertz Global Holdings Inc. is on the hunt for a bankruptcy loan totaling as much as $1.5 billion after regulators blocked the rental car company from pursuing a sale of…
Tags: Hertz
Global Real Estate Investment Continues to Plunge Across the Board
As we reported here some months ago, the Asian-Pacific region was first to profess ‘business as usual’ in the commercial bond market, with particular reference to the property markets in…
Robinhooders Set for a Monday Morning Roasting
In recent times, much has been written about the bizarre circumstances that saw bankrupt Hertz being bid by a hoard of freshly minted day-traders. In a story that will likely…
US Companies Tumble Into Bankruptcy At Fastest Pace Since 2013 Under Coronavirus Stress
The coronavirus' economic fallout is fueling Chapter 11 bankruptcy filings at the fastest pace since 2013, the Financial Times reported Tuesday. US filings totaled 3,427 on June 24, according to…
Bankrupt Hertz Terminates Controversial Stock Sale
Hertz has decided to terminate a controversial stock sale of up to $500 million following the Securities and Exchange Commission criticizing the bankrupt company’s plans.
The Twighlight Zone is Upon Us. A World of Hertz Awaits.
The Twighlight Zone is Upon Us. A World of Hertz Awaits. One theory is that the stock market is a way for people to invest money in companies. Companies want…
We Have Reached The Silly Phase of the Bull Market
Have we entered a new bull market? Was the 35% pullback in the S&P 500 in March the fastest bear market in history?