On June 7th, Glon Hui reported that car rental company Hertz is considering selling at least $700 million in secured debt and convertible bonds to bolster its balance sheet. The company's stock price fell 12.6% to a historical low of $3.47 and closed down about 5%. Sources said the company's advisers have begun to contact potential investors about issuing secured bonds and added that no final decisions have been made and the size and terms of any financing may change.
赫兹考虑出售7亿美元的担保债务和可转换债券
Hertz considers selling $700 million in secured debt and convertible bonds.
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