News reports have surfaced that the Hertz Corp. buyout will include roughly $7 billion of ABS, split into both U.S. dollar and euro denominated parts. IN total the transaction will total $13 billion, made up of high-yield debt, bank loans and a credit facility. Deutsche Bank Securities, Goldman Sachs, Lehman Brothers, JPMorgan Securities and Merrill Lynch are all involved in the transaction.
Access to a full range of industry content, analysis and expert commentary.
No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.
Have an account? Sign In