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The latest American Stock News Business News: breaking personal finance, company, financial and economic news, analysis into global markets

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Bankrupt car rental company Hertz secures $1.65 bln DIP financing

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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

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AFD UNVEILS ITS NEW SDG BOND FRAMEWORK

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This new SDG Bond Framework represents for AFD a decisive step in order to take into account the targets of the UN 2030 Agenda within the projects it finances and through the dialogue with its counterparties. The eligibility of the loans to these sustainable bonds will depend on their direct contribution to the SDGs.

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Statement by prof. Teresa Czerwińska, vice-president of the EIB, on Poland’s joining the pan-European guarantee fund

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Today’s decision of the Polish government to join the pan-European guarantee fund (EGF) is very good news for the Polish economy,” said Prof. Teresa Czerwińska, vice-president of the EIB, who oversees operations in Poland. “The guarantee fund, which has just started its operational activity, has been created in a spirit of solidarity by the Member States of

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The Samsung Galaxy Community raised $1M to Support the Global Goals

Each September, thousands of world leaders gather through the United Nations General Assembly to represent member states as they advance a cooperative framework that this year celebrates its 75th anniversary. In 2020, they also kick off the ‘Decade of Action’ a ten-year sprint to achieve the Sustainable Development Goals – also known as the Global Goals

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