Previous close | 9.22 |
Open | 8.07 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 15.00 |
Expiry date | 2025-12-19 |
Day's range | 8.07 - 9.22 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Hertz did not immediately respond to a Reuters request for comment. The company's advisors have started contacting potential investors regarding the issue of secured debt, according to the report, which added final decisions have not been made, and the size and terms of any financing could change. Hertz earlier this week named Spirit Airlines CFO Scott Haralson its new finance chief, as it looks to steady its business after a failed bet on electric vehicles sent its losses ballooning.
(Bloomberg) -- Hertz Global Holdings Inc., seeking to bolster its balance sheet after an electric-vehicles blunder, is considering the sale of at least $700 million in secured debt as well as a convertible notes offering, according to people with knowledge of the matter.Most Read from BloombergBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansVietnam Tycoon Sentenced to Death Faces New Charges: MediaBillionaire-Friend
According to a Bloomberg report, the car rental company is considering a sale of at least $700 million in secured debt.