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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 3/30/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Avis Budget buys back $100 million of convertibles for $115 million

By Susanna Moon

Chicago, March 30 - Avis Budget Group, Inc. said it repurchased about $100 million of its 3.5% convertible notes at a price of about $115 million, excluding accrued interest.

The Parsippany, N.J.-based vehicle rental company.


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