'Hertz Is Exploring Options To Raise Financing' - Bloomberg News
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Hertz Global Holdings Inc. is exploring options to raise financing, working with financial advisers to weigh its options. This comes after the new CEO pledged to get the company back on track following a failed bet on electric vehicles.
May 30, 2024 | 8:54 pm
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Hertz Global Holdings Inc. is exploring options to raise financing, working with financial advisers to weigh its options. This comes after the new CEO pledged to get the company back on track following a failed bet on electric vehicles.
The news indicates that Hertz is actively seeking ways to improve its financial standing, which could involve new equity or debt. This is a significant move following a failed investment in electric vehicles, but the exact impact on the stock price is uncertain until more details are revealed.
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