06.06.2016 22:58:00
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Hertz Corporation (The) -- Moody's Investors Service, ("Moody's") affirms Hertz's B1 corporate family rating, assigns Ba1 to new credit facility; changes outlook to positive.
New York, June 06, 2016 -- Moody's Investors Service affirmed the Hertz Corporation's (Hertz) B1 Corporate Family Rating (CFR), B1-PD Probability of Default rating, Ba1 senior secured rating, B2 senior unsecured rating, and SGL-3 Speculative Grade Liquidity. The outlook is changed to positive from stable.