Avis Budget prices $300 million 8% senior notes due 2031 offering

Avis Budget Group, Inc.

Avis Budget Group, Inc.

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  • Avis Budget priced a private offering of USD 300 million of additional 8.000% Senior Notes due 2031 at 100.5% of face value.
  • Proceeds, with cash on hand, earmarked to redeem part of its 5.750% Senior Notes due 2027.
  • Notes issued under an existing indenture tied to USD 500 million of 8.000% Senior Notes due 2031 issued in 2023.
  • Closing expected May 29, subject to customary conditions.


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: 202605271721PRIMZONEFULLFEED9727728) on May 27, 2026, and is solely responsible for the information contained therein.

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