PARSIPPANY, N.J., June 3, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it has refinanced its existing $900 million in term loan borrowings due 2019 with $1 billion in new term loan borrowings due 2019 and lowered the interest rate on the refinanced term loans by 75 basis points. The Company … Continue reading Avis Budget Group Increases Term Loan Facility to $1 Billion and Reduces Borrowing Rate by 75 Basis Points