Avis Ups Revolver to Pay for Acquisition
- Avis Shuns Pro Rata Market for European Acquisition. Colter, Allison Bisbey // High Yield Report;9/19/2011, p10
The article focuses on the action of Avis Budget to finance its European acquisition. This car rental company decided to abandon the bid for Dollar Thrifty Automotive Group which will leave Hertz Global Holdings as the only suitor. The company also chose to remove most of the term loan A tranche...
- Avis to Fund Zipcar $500M Acqusition Via Debt. // Leveraged Finance News;1/7/2013, Vol. 3 Issue 1, p7
The article reports that rental car company Avis Budget Group Inc. has agreed for the 500 million dollars acquisition of car sharing network Zipcar Inc. through incremental corporate debt borrowings and available cash. According to credit agency Standard & Poor's Financial Services LLC, deal is...
- IN THE MARKETS. Elstein, Aaron // Crain's New York Business;8/18/2014, Vol. 30 Issue 33/34, p0004
The article discusses the stock performance of vehicle rental services provider Avis Budget Group among 200 New York-area companies in the Bloomberg/Crain's New York Index (BCNY). Topics include reasons why the car rental business is performing well, the mergers Avis Budget has sealed with other...
- Avis Upsizes, Prices Car Rental Securitization. Colomer, Nora // Structuredfinancenews.com;1/26/2015, p1
Avis upsized the deal offering by $50 million and priced the triple-A rated notes at a spread of swaps plus 95 basis points.
- WELCOME. Georgion, Connie // Travel Trade Gazette UK & Ireland;9/26/2013, Issue 3067, p46
The article features global automobile rental company Avis that offers a wide range of vehicle selections to meet the individual needs of its customers.
- Now it's your turn to sit in the driver's seat. // Travel Trade Gazette UK & Ireland;10/20/2011, Issue 2978, p34
The article offers information on the destination guides launched by Avis Budget Group Inc. which offers free online training on car rental.
- Avis and Budget Roll Out 2015 Fleet. // Business Traveler;Dec2014/Jan2015, p10
The article reports on the launch of the Avis and Budget Car Rental model-year 2015 fleets by Avis Budget Group Inc.
- Avis Budget Group, Inc. SWOT Analysis. // Cendant Corporation SWOT Analysis;
A business analysis of Avis Budget Group Inc., a rental car supplier in the U.S., is provided, focusing on its strengths, weaknesses, opportunities for improvement and threats to the company. Strengths include the company's focus on franchising operations. Weaknesses include its high...
- Today's Transactions: Avis Acquires Zipcar for $500M. NOTO, ANTHONY // Mergers & Acquisitions Report;1/7/2013, Vol. 26 Issue 1, p7
The article reports that car-sharing company Zipcar Inc. was agreed to be acquired by Avis Budget Group Inc. for 500 million U.S. dollars in cash. The deal enabled Avis to go head-to-head with rivals Hertz Global Holdings Inc. and Enterprise Rent-A-Car in the very competitive car rental market...