Sep. 13 at 8:58 AM
$HTZ 2029 debt is at 65 dollars Vs 100 dollars emitted. Market clearly signals a high probability of default ... All the value is towards bonds , equity comes after. This is why short interest is so high . Probability of default is very high. Watch and learn...
They have a bad signature... They won't be able to roll debt with a normal rate... They are cooked. They lied on their financial situation and had to raise cash in emergency in June...