TITLE

Banks Cruise Market with $1.35B TL for Hertz

AUTHOR(S)
Kellerhals, Richard
PUB. DATE
February 2011
SOURCE
High Yield Report;2/21/2011, Vol. 22 Issue 8, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that several banks, including Deutsche Bank, Barclays, and Bank of America Merrill Lynch, are looking for lenders to provide Hertz, a rental car company based in New Jersey, with a 1.35 billion dollar covenant-lite term loan to help refinance existing debts.
ACCESSION #
58603441

 

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