Bond Avis Budget Auto Location 0% ( US053773AX54 ) in USD

Issuer Avis Budget Auto Location
Market price 100 %  ⇌ 
Country  United States
ISIN code  US053773AX54 ( in USD )
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.