Avis Budget Group Announces Intention to Offer €400 Million of Senior Notes

February 20, 2024

https://www.globenewswire.com/news-release/2024/02/20/2831540/14887/en/Avis-Budget-Group-Announces-Intention-to-Offer-400-Million-of-Senior-Notes.html

PARSIPPANY, N.J., Feb. 20, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ:CAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), intends, subject to market and other customary conditions, to offer €400 million aggregate principal amount of senior notes due 2029 (the “Notes”) in a private offering. The Notes will be guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries.

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