Avis Budget plans private offering of $300 million 8% senior notes due 2031

Avis Budget Group, Inc.

Avis Budget Group, Inc.

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  • Avis Budget Group subsidiaries launched a private offering of USD 300 million of additional 8.000% Senior Notes due 2031.
  • Notes add to USD 500 million of 8.000% Senior Notes due 2031 issued under a November 2023 indenture.
  • Proceeds, with cash on hand, earmarked to redeem part of outstanding 5.750% Senior Notes due 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avis Budget Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605270730PRIMZONEFULLFEED9727289) on May 27, 2026, and is solely responsible for the information contained therein.