Avis Budget Group Plans to Offer Additional 7.25% Senior Notes Due 2030-February 2024-www.financetom.com

Avis Budget Group Plans to Offer Additional 7.25% Senior Notes Due 2030

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Avis Budget Group Plans to Offer Additional 7.25% Senior Notes Due 2030

May 13, 2024 2:28 AM

05:04 AM EDT, 05/13/2024 (MT Newswires) -- Avis Budget Group ( CAR ) said Monday it intends to offer 200 million euros ($215.7 million) of additional 7.25% senior notes due 2030 in a private offering.

The debt issue will be in addition to 400 million euros of 7.25% senior notes due 2030 that were already issued.

The company intends to use the proceeds from the offering for general corporate purposes.

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