{"id":78209,"date":"2021-05-13T04:34:00","date_gmt":"2021-05-13T08:34:00","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=78209"},"modified":"2021-05-13T04:41:30","modified_gmt":"2021-05-13T08:41:30","slug":"knighthead-certares-seen-as-winners-of-hertz-bankruptcy-auction","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2021\/knighthead-certares-seen-as-winners-of-hertz-bankruptcy-auction.html","title":{"rendered":"Knighthead, Certares seen as winners of Hertz bankruptcy auction"},"content":{"rendered":"\n<p>(Reuters) Investment firms Knighthead Capital and Certares Management appear to have won an auction to fund U.S. car rental firm Hertz Global&#8217;s exit from bankruptcy, according to a Bloomberg News reporter&#8217;s tweet <a href=\"https:\/\/bit.ly\/3oid2K8\">bit.ly\/3oid2K8<\/a> on Wednesday. The firms along with private equity company Apollo Global Management have been in a bidding war with Centerbridge Partners, Warburg Pincus and Dundon Capital Partners, to provide equity capital for Hertz\u2019s exit from bankruptcy exit.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/article\/hertz-glo-hldg-chapter-11-knighthead-cap\/knighthead-certares-seen-as-winners-of-hertz-bankruptcy-auction-bloomberg-idUSL4N2MZ3LR\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Investment firms Knighthead Capital and Certares Management appear to have won an auction to fund U.S. car rental firm Hertz Global&#8217;s exit from bankruptcy, according to a Bloomberg News reporter&#8217;s tweet bit.ly\/3oid2K8 on Wednesday. The firms along with private [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-78209","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=78209"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78209\/revisions"}],"predecessor-version":[{"id":78210,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78209\/revisions\/78210"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=78209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=78209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=78209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}