Avis Budget Group Announces Pricing of $700 Million of Senior Notes
PARSIPPANY, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”), priced a private offering of $700 million aggregate principal amount of 8.250% senior notes due 2030 (the “Notes”), which represents a […]
Avis Budget Group Announces Intention to Offer $500 Million of Senior Notes
PARSIPPANY, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”), intend, subject to market and other customary conditions, to offer $500 million aggregate principal amount of senior notes due 2030 (the […]
Avis Budget Group Reports Second Quarter Results
PARSIPPANY, N.J., August 5, 2024 – Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for second quarter 2024 today. We ended the quarter with revenues of more than $3.0 billion, driven by sequential monthly improvement in revenue per day. Net income was $15 million and our Adjusted EBITDA1 was $214 million. “As the second quarter progressed, […]
AVIS Extends PGA TOUR Marketing Partnership, Adds Xander Schauffele as Ambassador
AVIS has served as the Official Rental Car Company of the PGA TOUR since 2011 PONTE VEDRA BEACH, Florida and PARSIPPANY, New Jersey – AVIS, one of the world’s best known car rental brands, has today announced a multi-year extension of its partnership as the Official Rental Car Company of the PGA TOUR, PGA TOUR […]
Avis Budget Group Announces Pricing of €200 Million of Senior Notes
PARSIPPANY, N.J., May 14, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), priced a private offering of €200 million aggregate principal amount of additional 7.25% Senior Notes due 2030 (the “Notes”). The Notes will be issued as additional notes under […]
Avis Budget Group Announces Intention to Offer €200 Million of Senior Notes
PARSIPPANY, N.J., May 13, 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 €200 million aggregate principal amount of additional 7.25% Senior Notes due 2030 (the “Notes”) in a private offering. […]
Avis Budget Group to Announce First Quarter 2024 Results on May 1st
Conference Call to Discuss Results Scheduled for May 2nd, 2024 PARSIPPANY, N.J., April 19, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its first quarter 2024 results after the market close on Wednesday, May 1st, 2024, and to host a conference call for institutional investors to discuss these […]
Avis Budget Group Announces Pricing of €600 Million of Senior Notes
PARSIPPANY, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), priced a private offering of €600 million aggregate principal amount of 7.00% senior notes due 2029 (the “Notes”), which represents a €200 million increase from the previously announced […]
Avis Budget Group Announces Intention to Offer €400 Million of Senior Notes
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 […]
Avis Budget Group Announces Special Cash Dividend
PARSIPPANY, N.J., Dec. 05, 2023 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) today announced the declaration by its Board of Directors of a special cash dividend of $10.00 per share of common stock. The special cash dividend is payable on December 21, 2023 to stockholders of record as of the close […]