申请破产后再遭挫：赫兹新股发行计划受调查
已经申请破产的汽车租赁公司赫兹（Hertz）拟发行价值5亿美元的新股，但在美国证券交易委员会（Securities and Exchange Commission）对此提出质疑并启动调查之后，该计划被迫搁置。
在周三提交的监管文件中，赫兹披露称，因证交会告知将对该交易展开调查，公司将暂停发行新股。虽然赫兹在5月根据破产法第11章申请了破产保护，但一位特拉华州法官于上周批准了赫兹通过发行新股募集新流动资金的计划。
赫兹股票的表现堪称今年华尔街最跌宕起伏的故事之一。该公司在申请破产保护并且被知名度最高的股东卡尔·伊坎放弃之后，其股票本月竟然涨到每股5.53美元。
赫兹股价反弹的主要原因是大量散户对该公司股票产生了兴趣。在新冠疫情期间，许多散户转战股市，希望能够抓住美股自3月以来的反弹行情。如果一家公司申请破产，股东在公司清偿时的顺序要排在债券持有人和其他债权人之后，但即使如此也无法阻止投资者最近几周在市场高点时交易该公司股票。
赫兹承认股票投资者可能承担的风险，并在发行文件中警告称，鉴于公司的财务状况，其股票可能“失去投资价值”。但该公司似乎打算继续发行新股，或许是想要抓住其已发行股份在市场上获得的关注。
在赫兹因证交会调查将暂停发行新股的消息传出后，周三下午，该公司股票在纽约证券交易所（New York Stock Exchange）曾临时停牌。当天该公司股票收于每股2美元，当日上涨了2.6%。（财富中文网）
译者：Biz
已经申请破产的汽车租赁公司赫兹（Hertz）拟发行价值5亿美元的新股，但在美国证券交易委员会（Securities and Exchange Commission）对此提出质疑并启动调查之后，该计划被迫搁置。
在周三提交的监管文件中，赫兹披露称，因证交会告知将对该交易展开调查，公司将暂停发行新股。虽然赫兹在5月根据破产法第11章申请了破产保护，但一位特拉华州法官于上周批准了赫兹通过发行新股募集新流动资金的计划。
赫兹股票的表现堪称今年华尔街最跌宕起伏的故事之一。该公司在申请破产保护并且被知名度最高的股东卡尔·伊坎放弃之后，其股票本月竟然涨到每股5.53美元。
赫兹股价反弹的主要原因是大量散户对该公司股票产生了兴趣。在新冠疫情期间，许多散户转战股市，希望能够抓住美股自3月以来的反弹行情。如果一家公司申请破产，股东在公司清偿时的顺序要排在债券持有人和其他债权人之后，但即使如此也无法阻止投资者最近几周在市场高点时交易该公司股票。
赫兹承认股票投资者可能承担的风险，并在发行文件中警告称，鉴于公司的财务状况，其股票可能“失去投资价值”。但该公司似乎打算继续发行新股，或许是想要抓住其已发行股份在市场上获得的关注。
在赫兹因证交会调查将暂停发行新股的消息传出后，周三下午，该公司股票在纽约证券交易所（New York Stock Exchange）曾临时停牌。当天该公司股票收于每股2美元，当日上涨了2.6%。（财富中文网）
译者：Biz
Bankrupt car rental firm Hertz has shelved plans to issue up to $500 million in new stock, after the Securities and Exchange Commission raised concerns and launched a review into the deal.
In a regulatory filing Wednesday, Hertz disclosed that it is suspending the stock offering after the SEC informed the company that it would be investigating the deal. Despite filing for Chapter 11 bankruptcy in May, a judge in Delaware last week approved Hertz’s plan to raise fresh liquidity by issuing new shares.
Hertz’ stock performance has been one of the most fascinating stories on Wall Street this year. Even after filing for bankruptcy protection and seeing its most famous shareholder, Carl Icahn, throw in the towel on the company, Hertz’s shares spiked to as high as $5.53 each this month.
The rebound has been widely attributed to an influx of interest in the company from retail investors—many of whom have turned to the stock market during the coronavirus pandemic, hoping to ride the market’s impressive rally since March. The fact that stockholders are among the last in line to get paid when a company files for bankruptcy—behind bondholders and other creditors—has not discouraged investors from trading the stock at market-high volumes in recent weeks.
Hertz acknowledged the risk that equity investors would be taking, warning them in offering documents that the stock could potentially be “worthless” given the company’s financial position. But the company appeared intent on pushing ahead with the issuance, presumably to capitalize on the interest its existing shares have garnered on the market.
The news that Hertz is suspending the issuance amid the SEC’s investigation saw trading of the company’s stock temporarily halted on the New York Stock Exchange on Wednesday afternoon. Hertz’s shares closed the day’s trading at $2 per share, up 2.6% on the day.
