lundi 2 février 2015

Avis Budget Group outlines expansion plans following bond offering

By Breaking Travel News Avis Budget Group has announced that its Avis Budget Rental Car Funding subsidiary has completed an offering of $650 million of five-year, fixed-rate asset-backed bonds with a weighted average interest rate of approximately 2.7 per cent. The proceeds of the offering are expected to be used primarily to refinance maturing vehicle-backed debt, which has an average interest rate of approximately 3.6 per cent in 2015, and to support growth of our business.

Source: Breaking Travel News – Car Rental


    



Avis Budget Group outlines expansion plans following bond offering

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