From GlobeNewswire: 2024-05-13 04:02:00

Avis Budget Group, Inc. plans to offer €200 million aggregate principal amount of additional 7.25% Senior Notes due 2030 in a private offering. The Notes will be issued as additional notes under the Indenture. Proceeds will be used for general corporate purposes, including repayment of indebtedness. The Notes are being offered only to qualified institutional buyers. Avis Budget Group is a global provider of mobility solutions with rental locations in 180 countries. Forward-looking statements regarding the Notes offering and expected use of proceeds are subject to risks and uncertainties. Company filings with the SEC provide additional information.



Read more at GlobeNewswire: Avis Budget Group Announces Intention to Offer €200