Bond Avis Budget Auto Location 0% ( US053773AX54 ) in USD
Issuer | Avis Budget Auto Location |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 01/12/2017 - Bond has expired |
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Minimal amount | 2 000 USD |
Total amount | 249 750 000 USD |
Cusip | 053773AX5 |
Detailed description |
Avis Budget Group, Inc. is a global provider of vehicle rental services operating through its Avis and Budget brands, offering a range of vehicles from economy cars to luxury SUVs and trucks, available at airports and various locations worldwide, often with add-on services including insurance and GPS navigation. The bond, identified by ISIN US053773AX54 and CUSIP 053773AX5, was issued in the United States by Avis Budget Car Rental, a prominent global leader in mobility solutions, operating well-known brands such as Avis, Budget, and Zipcar for car and truck rentals and car-sharing services; this particular debt instrument was structured as a zero-coupon bond, denominated in USD, with an initial total issue size of $249,750,000 and a minimum purchase increment of $2,000, notably reaching its maturity on December 1, 2017, and having since been fully repaid to investors. |