Amerco wins OK on financing
Reno-based Amerco says the U.S.
Bankruptcy Court approved its $300 million debtor-in-possession financing facility with Wells Fargo Foothill.
Wells Fargo Foothill previously provided the company with a commitment for $650 million in exit financing to fund the Amerco’ s reorganization plan.
Amerco is the parent company of UHaul.
While its corporate headquarters are in Reno, most of its operations are based in Phoenix.
The innovative software from Reno-based Lulius Innovation focuses on automating workflows, giving organizations such as Cal Guard a real-time view of everything from aircraft readiness to flight crew status to budget management.