Hertz files for bankruptcy as the coronavirus pandemic crushes the car-rental industry (HTZ)
Saturday, 23 May 2020 () · 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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