--:--

Fri, Jun 26 • Nairobi

Breaking

Germany committed 'tactical suicide' vs Ecuador, says Nagelsmann Leaders dancing on Gen Z graves with an eye on 2027 and beyond Suzuki Unveils Three New Models Targeting Small Businesses and Families in Kenya Bangale OCS dies during security operation against militia in Tana River Somalia Deputy Prime Minister deported from Kenya over forged passport saga Prosecutors drop outstanding rape case against Harvey Weinstein Apple hikes prices on some products by nearly 20% Supreme Court allows Trump to end protected status for Haitian and Syrian immigrants Autopsy rules out suicide in death of KWS ranger at Nakuru National Park NMG’s live coverage of June 25 told deeper story of state of democracy Africa health funding shift demands wake-up call We must rise up for next generation

Finance

Hertz Tumbles on Financing Plan That Offers Shares for Shorting

Bloomberg Jun 24, 2026 Jun 24 ⏱ 1 min read 👁 2 views

Hertz Tumbles on Financing Plan That Offers Shares for Shorting

Image via Bloomberg

📋 Article Summary

38 words

Hertz Global Holdings Inc. is taking an usual approach to issuing debt: concurrently serving up shares that are designed to be shorted. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.

This is a summary. Read the complete story on Bloomberg below.

Continue Reading

Full story on Bloomberg

Read Full Story →

🔗 Clicking will take you to www.bloomberg.com

👁 People Also Read

Inside Nasdaq CFO Sarah Youngwood’s AI playbook

Finance

Inside Nasdaq CFO Sarah Youngwood’s AI playbook

Youngwood is embedding AI across finance—and ranking her team like martial artists.

Investor Who Scored 900% Win in 2008 Crisis Has New Big Short Bet

Finance

Investor Who Scored 900% Win in 2008 Crisis Has New Big Short Bet

Hedge fund manager Lee Robinson notched a 900% gain during the global financial crisis by turning a $20 million position…

As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening

Finance

As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening

PitchBook's midyear data shows an increasingly skewed VC ecosystem.

You can ignore Trump’s threats to leave NATO: Pimco says they’re a ‘paper tiger’

Finance

You can ignore Trump’s threats to leave NATO: Pimco says they’re a ‘paper tiger’

Everything you need to know before you reach the office this morning.

► Necessary Cookies Always Active

Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.

► Functional Cookies Remark

Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.

► Analytical Cookies Remark

Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.

► Advertisement Cookies Remark

Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.