Edition:
India

Avis Budget Group Intends To Offer 350 Mln Euros Of Senior Notes


Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Avis Budget Group Inc ::AVIS BUDGET GROUP ANNOUNCES INTENTION TO OFFER €350 MILLION OF SENIOR NOTES.AVIS BUDGET GROUP INC - UNIT INTENDS TO OFFER EUR 350 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2026 IN A PRIVATE OFFERING.AVIS BUDGET GROUP INC - NOTES WILL BE GUARANTEED ON A SENIOR UNSECURED BASIS BY AVIS BUDGET GROUP, INC. AND CERTAIN OF ITS U.S. SUBSIDIARIES.AVIS BUDGET - INTENDS TO USE NET PROCEEDS FROM NOTES OFFERING, TOGETHER WITH CASH ON HAND, TO REDEEM ALL OUTSTANDING 5.125% SENIOR NOTES DUE 2022. 

Company Quote

31.3
0.2 +0.64%
13 Dec 2019