Avis Budget Group Pricing Announcement of $700M Senior Notes
Tuesday, 10 September 2024, 21:33
Pricing Details of $700M Senior Notes
Avis Budget Group has successfully priced its senior notes amounting to $700 million, set to mature in the year 2030. These senior notes are being issued with the intention of supporting the company's general corporate purposes, which includes potential investment opportunities and operational enhancements.
Key Highlights
- Issuance Amount: $700 million
- Maturity Date: 2030
- Funding Purpose: General corporate purposes
This move positions Avis Budget Group to capitalize on its growth trajectory and leverage financial opportunities in the marketplace.
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