Hertz gets $1.65 billion bankruptcy loan for fleet purchases, operations

As much as $1 billion of the debt can be used for vehicle acquisition in the U.S. and Canada, while up to $800 million can be used for working capital and general corporate purposes, Hertz said in a statement.

source https://www.autonews.com/used-cars/hertz-gets-165-billion-bankruptcy-loan-fleet-purchases-operations