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Avis Budget Group draws $100 million under revolving facility
By Sara Rosenberg
New York, Aug. 4 - Avis Budget Group Inc. borrowed $100 million under its revolving credit facility during the second quarter, according to a news release.
The draw was used to fund working capital and fleet in its domestic operations.
Avis is a Parsippany, N.J., provider of vehicle rental services.
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