Hertz’s Turnaround Play, Make-Wholes & More: BI Replay

Unresolved litigation over about $328 million in make-whole premiums and post-petition interest adds complexity and cautious optimism to Hertz’s turnaround story. Join Bloomberg Intelligence senior bankruptcy litigation analyst Negisa Balluku and senior credit analyst Jody Lurie for an in-depth analysis of the next steps in the litigation currently unfolding in the US Supreme Court and Delaware Bankruptcy Court and its impact on the company’s financial flexibility. Hertz’s creative capital raising efforts, liquidity position and ambitious 2025 targets for depreciation, revenue and Ebitda will also be discussed.