Investors say Hertz ABS ‘incredibly positive’ step

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Investors say Hertz ABS ‘incredibly positive’ step

ABS investors drew sighs of relief upon hearing that Hertz is issuing a delayed draw securitization to purchase new rental stock and prepare for new deals in 2021. The $4bn transaction benefits the bondholders as it signals that Hertz is moving towards a full recovery, sources say.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article