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Hertz Arranges Financing for Canadian, European Operations


Hertz Arranges Financing for Canadian, European Operations
Rental-car provider reaches deal to refinance maturing debt so it can pay for fleet expansion
By
Dec. 24, 2020 4:31 pm ET
Hertz Global Holdings Inc. has lined up financing for its foreign operations as the bankrupt car-rental company looks to bolster its business in Canada and Europe.
Hertz secured 400 million Canadian dollars, or the equivalent of $311 million, in financing from Deutsche Bank AG that will mostly be used to buy roughly 12,500 vehicles next year for its Canadian fleet.
The. ....

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International road haulage: vehicle documents


A ‘green card’ is proof of motor insurance cover when driving abroad.
You should carry one for the vehicle you’re driving in the
EU (including Ireland), Andorra, Iceland, Liechtenstein, Norway, Serbia or Switzerland.
You will need to carry more than one green card if:
you have fleet or multi-car insurance - you’ll need a green card for each vehicle
your vehicle is towing a trailer - you’ll need one for the towing vehicle and one for the trailer or caravan (you need separate trailer insurance in some countries)
you have 2 policies covering the duration of your trip, for example, if your policy renews during the journey ....

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