Hertz Global (HTZ) Files Chapter 11

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Go back to Hertz Global (HTZ) Files Chapter 11

Hertz Global Holdings Takes Action To Strengthen Capital Structure Following Impact Of Global Coronavirus Crisis

May 22, 2020 9:51 PM EDT

Voluntarily Files for Chapter 11 Reorganization

As an Essential Business, Hertz and Subsidiaries Around the World Remain Open with Same Award-Winning Service for Customers

All Customer and Loyalty Programs Expected to Continue as Usual

$1 Billion in Cash on Hand to Support Continuing Operations

ESTERO, Fla., May 22, 2020 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz" or the "Company") today announced it and certain of its U.S. and Canadian subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S.... More