Hints and tips:
...These debts include mortgages and loans for cars, rental equipment and yachts....
...I can report that Los Angeles in January is a lot more pleasant than New York in January, and that the best song to blast out of your rental car window on Rodeo Drive is the Decemberists’ “Los Angeles, I...
...The investment giant has done a handful of other well-known private financings, including for AB InBev — a deal secured by the brewer’s plants — as well as for car rental provider Hertz and the Abu Dhabi...
...Like Hertz, Carvana had found itself propelled by American consumers flush with stimulus cash and a dearth of vehicles, which sent rental car rates and used car prices soaring....
...They will join existing shareholders American Express; online booking company Expedia; and boutique investment firm Certares, which recently helped lead car rental group Hertz out of bankruptcy....
...“She repeatedly asked for such things as an expensive rental apartment on the Upper East Side . . . a luxury car; lavish vacations . . . school tuition (for acting and at Columbia University); jewellery...
...rental company Hertz to buy 229,000 new cars....
...Hertz has selected a new group of private equity firms to lead its exit from bankruptcy, as an expected recovery in global travel set off a bidding war for the American car rental group that filed for bankruptcy...
...Last year, the insurer paid at least $875m to buy part of Hertz, the bankrupt car rental company. Such deals are complex, but potentially highly profitable....
...Apollo provided rescue financing to the online travel agency Expedia and the stricken car rental company Hertz....
...Fisker, an electric car company that went public via an Apollo-backed Spac and has a $4bn valuation, currently has no revenue....
...However, the group remains one of the biggest car rental companies in a country where the auto market has been steadily growing....
...What then will Francis make of news that the same Vatican-controlled pot of money also bought investment products that contained derivatives betting on the fortunes of the US car rental company Hertz, which...
...While deal activity dropped to its lowest level in more than a decade during the second quarter, a spike in bankruptcies of prominent companies — such as the rental car group Hertz, the department store...
...Hertz: buyer beware The last time we visited rental car company Hertz, things were getting a little out of hand....
...It remains to be seen whether pioneering “micromobility” start-ups such as Bird and Lime, which own and operate the dockless rentals, can ever turn a profit....
...Hertz chief financial officer Thomas Kennedy has resigned after more than four years with the car rental company....
...At 6.1 per cent, the rental yield is well in excess of CLS’s weighted cost of debt of about 3.5 per cent....
...Hertz, the US car rental business, has announced plans to spin off its construction equipment hire division into a separate, publicly traded company that will be valued at close to $5bn....
...Airbnb, the home rentals service that shares Uber’s broader market of “collaborative consumption”, closed a $400m round at a $10bn valuation last month....
...The car hire group has engaged Bank of America Merrill Lynch and Barclays for advice on improving shareholder returns and defending itself against an attack by activists....
...Hertz, the car rental company, advanced as it prepared to spin off its construction equipment rental business in a deal that could value the division at about $4.5bn....
...Car rental group Avis Budget benefited from news of a narrowing in its fourth-quarter loss thanks to higher sales in North America as business and leisure travel returns after recovering from the recession...
...Hertz, the car rental group, became the latest US company to come under such pressure....
...Credit card lenders and car finance firms are able to package up their loans and use them as collateral on securities that are being snapped up by yield-starved investors....
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