Avis Budget Group Announces Intention to Offer $600 Million of Senior Notes

PARSIPPANY, N.J., Feb. 17, 2021 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”), intend, subject to market and other customary conditions, to offer $600 million aggregate principal amount of senior notes due 2029 (the […]

Avis Budget Group Announces Pricing of $600 Million of Senior Notes

PARSIPPANY, N.J., Feb. 17, 2021 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”) priced an offering of $600 million aggregate principal amount of 5.375% senior notes due 2029 (the “Notes”) in a private offering. […]