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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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