Avis Budget Group Completes Financing for Its Pending Acquisition of Zipcar
Posted onPARSIPPANY, N.J., March 8, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc.(Nasdaq:CAR) announced today that it has completed approximately $525 million in debt financing intended to fund its pending acquisition of Zipcar (Nasdaq:ZIP). As part of the funding package, the Company issued its first Euro-denominated notes, further diversifying its capital structure to reflect the global […]