Hertz did not immediately respond to a Reuters request for comment. The company's advisors have started contacting potential investors regarding the issue of secured debt, according to the report, which added final decisions have not been made, and the size and terms of any financing could change. Hertz earlier this week named Spirit Airlines CFO Scott Haralson its new finance chief, as it looks to steady its business after a failed bet on electric vehicles sent its losses ballooning.
The ECB followed the Bank of Canada with a rate cut.
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