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Hertz Taps PJT Partners to Extend Debt as Maturities Loom

Source: Bloomberg

Credit & Bond MarketsCompany FundamentalsTransportation & Logistics

Hertz Global Holdings is working with PJT Partners to extend debt maturities, with some obligations due in approximately two months. The refinancing effort highlights near-term liquidity and balance-sheet risk for the car-rental company and could affect its debt and equity valuations.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.45

Ticker Sentiment

HTZ-0.65
PJT0.15

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