Avis Budget Group Announces Securitization Program for Its European Rental Fleet
PARSIPPANY, N.J., March 11, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it has entered into a three-year, €500 million (approximately $650 million) European rental fleet securitization program, providing the Company’s subsidiaries in Germany, Italy and Spain increased capacity to finance its fleet purchases. This program, which matures in March 2016, … Continue reading Avis Budget Group Announces Securitization Program for Its European Rental Fleet
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