Michael Phoch

Michael Phoch
Americanstocknews - 20 years of experience in mass media

Live

Bankrupt car rental company Hertz secures $1.65 bln DIP financing

/

Hertz Global Holdings, Inc. (NYSE: HTZ) today announced that it has secured commitments for debtor-in-possession (“DIP”) financing totaling $1.65 billion and has filed a motion for approval of the financing by the U.S. Bankruptcy Court for the District of Delaware. Hertz President and CEO Paul Stone said, “This new financing will provide additional financial flexibility as we continue to navigate the

More
Live

Malaysia’s debt is rising with the Coronavirus pandemic

The debt to GDP ratio is going up in Malaysia. In August the parliament of Malaysia voted for an allowance to borrow 60% of its GDP as a part of temporary measures to ease the crisis of pandemic on business. As for now, the economical situation in the country is no petter so it is

More
1 632 633 634 635 636 663