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Avis Budget Group redeems all $350M of its 5.75% senior notes due July 2027

CARAvis Budget Group, Inc.

Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., wholly-owned subsidiaries of Avis Budget Group, Inc., delivered a notice to redeem the entire $350 million aggregate principal amount of their 5.750% Senior Notes due July 2027. The redemption is scheduled for December 30, 2026, at a price equal to 100% of the principal amount plus accrued and unpaid interest. Avis Budget Group operates in the car rental industry.

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