Credit | Case Study
December 05, 2022
Hertz: Apollo’s Flexible Capital at Work
Amid bankruptcy at the height of COVID, Hertz found in Apollo a financing partner capable of executing a quick-turn, multi-billion-dollar series of transactions that enabled the company to continue operations and meet customers’ needs.
Extensive industry expertise coupled with a deep knowledge of Hertz positioned Apollo to provide the company with a series of bespoke capital solutions during a compressed timeframe. Learn how Apollo’s nimble, collaborative financing approach amidst this complex situation demonstrated how Apollo is financing stronger businesses.
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As demand for long-term, flexible capital accelerates, private markets can have a vital role to play. Apollo is built to meet the moment.
We believe European private credit is a fast-growing market with potential to rival the US, offering scale, attractive returns, and strong geographic diversification.
Jim Vanek, Partner and Co-Head of Global Performing Credit at the firm, explains why the demand for private credit remains strong and is expected to be reinforced by economic uncertainty.