Hertz Lenders Team Up With Advisers as Possible Debt Fight Looms

Hertz Lenders Team Up With Advisers as Possible Debt Fight Looms Creditors to Hertz Global Holdings Inc. are organizing across at least two groups, bracing for potential negotiations with the car rental company over its billions of dollars of debt that comes due over the next few years, according to people familiar with the matter. A consortium of secured lenders is working with Evercore Inc. and Gibson Dunn & Crutcher, said some of the people, who asked not to be named because the information is private. Meanwhile, Canadian-based Canso Investment Councel Ltd., which holds secured and unsecured debt, is part of a group that has retained Houlihan Lokey Inc. and Ropes & Gray, other people said.