Hertz gets a post-pandemic, post-bankruptcy fresh start

With the breathing room of emerging from bankruptcy, global rental car icon Hertz faces its next big test: reinventing its model.

By Louis Llovio
| 12:00 p.m. June 24, 2021
| 0 Free Articles Remaining!

Tampa Bay-Lakeland

Just shy of 13-months after filing for Chapter 11, Lee County-based The Hertz Corp. is expected to exit bankruptcy June 30 with a new line of financing and a restructured debt plan in place.

The company, crushed by the pandemic and forced into court, expects to regain its place as one of the top rental car companies in the world and to come out stronger financially than it was before.