Avis Budget Group Commences Tender Offer for $450 Million 9 5/8% Senior Notes Due 2018 and 9.75% Senior Notes Due 2020

PARSIPPANY, N.J., March 19, 2013 (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. (collectively, the “Issuers”), have commenced cash tender offers (the “Offers”) to purchase any and all of the Issuers’ outstanding $450 million in aggregate principal … Continue reading Avis Budget Group Commences Tender Offer for $450 Million 9 5/8% Senior Notes Due 2018 and 9.75% Senior Notes Due 2020