Our business: We primarily conduct global car rental business through Hertz, Dollar, and frugal brands owned by companies, licensees, and franchisees from the US (“US”), Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. We also sell vehicles through Hertz Auto Sales and operate the Firefly Speed rental brand and Hertz 24/7 car sharing business in international markets. We provide multiple brands to provide customers with a full range of rental services for different price points, service levels, products and products. Each of our brands usually has separate airport counters, bookings, marketing, and other customer contact activities. We achieve cross-brand synergy by utilizing a single fleet and fleet management team, as well as vehicle maintenance, vehicle cleaning, and back office functions (where applicable).
Our top brand, Hertz, is one of the most well-known brands in the world, providing high-end services that define the industry.
As of September 30, 2021, our total liabilities were approximately $8.7 billion, including $7.2 billion in vehicle-related debt and $1.5 billion in non-vehicle debt. Additionally, we can incur an additional debt of approximately $2 billion under one or more incremental loans, subject to certain thresholds described in the Credit Agreement, including the estimated $1.1 billion available borrowing capacity under the revolving loan facility.
Growth over the years
Performance Guidelines
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Market space
We operate in the Russian real estate market, according to the Russian...