Avis Budget issues €200M additional 7.25% Senior Notes due 2030

AVIS BUDGET GROUP, INC.

Issued €200M aggregate principal of 7.25% Senior Notes due 2030, same series as existing €400M notes.
Net proceeds for general corporate purposes, including potential repayment of fleet debt.
Notes mature July 31, 2030; interest paid semi-annually; first interest payment July 31, 2024.
Senior unsecured notes guaranteed by parent and domestic subsidiaries; redeemable with make-whole prior to July 2026.
Covenants limit dividends, liens, investments, asset sales, mergers; customary events of default.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.