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Avis Budget Group Announces Pricing of $500 Million of Senior Notes

Avis Budget Group Announces Pricing of $500 Million of Senior Notes
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Avis Budget Group Announces Pricing of $500 Million of Senior Notes


Avis Budget Group Announces Pricing of $500 Million of Senior Notes
Avis Budget Group, Inc.
Parsippany, New Jersey, UNITED STATES
PARSIPPANY, N.J., March 09, 2021 (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 an offering of $500 million aggregate principal amount of 4.75% senior notes due 2028 (the “Notes”) in a private offering, which represents a $150 million increase from the previously announced size of the offering. The Notes will have a maturity date of April 1, 2028. The closing of the offering of the Notes is expected to occur on March 23, 2021, subject to customary closing conditions. The Notes will be issued at par and guaranteed on a senior unsecured basis by the Company and certain of its U.S. subsidiaries. ....

United States , David Calabria , Company Annual Report On Form , Avis Budget Group Inc , Avis Budget Finance Inc , Avis Budget Car Rental , Avis Budget Group , Budget Group , Avis Budget Finance , Securities Act , North America , Annual Report , Nasdaq Car , ஒன்றுபட்டது மாநிலங்களில் , டேவிட் கலாப்ரியா , நிறுவனம் ஆண்டு அறிக்கை ஆன் வடிவம் , அவிஸ் பட்ஜெட் குழு இன்க் , அவிஸ் பட்ஜெட் நிதி இன்க் , அவிஸ் பட்ஜெட் கார் வாடகை , அவிஸ் பட்ஜெட் குழு , பட்ஜெட் குழு , அவிஸ் பட்ஜெட் நிதி , பத்திரங்கள் நாடகம் , வடக்கு அமெரிக்கா , ஆண்டு அறிக்கை , நாஸ்டாக் கார் ,