From GlobeNewswire: 2025-05-14 07:50:00

Avis Budget Group, Inc. plans to offer $500 million in senior notes due 2032 to qualified institutional buyers for general corporate purposes, including debt repayment and expenses. The Notes will be guaranteed by the Company and certain subsidiaries, offered in a private offering under Rule 144A and Regulation S. The offering is not registered under the Securities Act and may only be sold to exempt buyers. Avis Budget Group is a global provider of mobility solutions through its Avis, Budget, and Zipcar brands, with headquarters in Parsippany, N.J. Forward-looking statements caution risks and uncertainties related to the offering.



Read more at GlobeNewswire: Avis Budget Group Announces Intention to Offer $500 Million