Avis Budget Group Announces Pricing of $700 Million of Senior Notes

PARSIPPANY, N.J., Sept. 10, 2024 (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 a private offering of $700 million aggregate principal amount of 8.250$200 million increase from the previously announced size of the offering. The Notes will have a maturity date of January 15, 2030. Th ...