Reuters | May 23, 2020 12:06
May 22 (Reuters) - Hertz Global Holdings Inc HTZ.N :
* HERTZ GLOBAL HOLDINGS TAKES ACTION TO STRENGTHEN CAPITAL STRUCTURE FOLLOWING IMPACT OF GLOBAL CORONAVIRUS CRISIS
* $1 BILLION IN CASH ON HAND TO SUPPORT CONTINUING OPERATIONS
* ALL CUSTOMER AND LOYALTY PROGRAMS EXPECTED TO CONTINUE AS USUAL
* VOLUNTARILY FILES FOR CHAPTER 11 REORGANIZATION
* CO'S PRINCIPAL INTERNATIONAL OPERATING REGIONS INCLUDING EUROPE, AUSTRALIA AND NEW ZEALAND NOT INCLUDED IN U.S. CHAPTER 11 PROCEEDINGS
Written By: Reuters
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