3/5/2024 | SP | New Issue: Citigroup prices $16.59 million 16% contingent income autocalls on Avis Budget
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2/27/2024 | SP | New Issue: JPMorgan prices $12.9 million 12.85% contingent income autocalls on Avis Budget
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2/21/2024 | HY | New Issue: Avis Budget prices upsized €600 million five-year notes at par to yield 7%
|
2/21/2024 | HY | Avis Budget launches upsized €600 million five-year notes at 7%; pricing Wednesday
|
2/20/2024 | HY | Avis Budget to price €400 million five-year notes on Wednesday; initial talk low-to-mid 7% area
|
2/20/2024 | BKHY | S&P assigns Avis Budget notes BB-
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2/20/2024 | HYLM | Avis Budget to redeem 4¾% senior notes due 2026 via new notes
|
2/20/2024 | HY | Avis Budget to price €400 million senior notes due 2029
|
2/15/2024 | BKCVDDEMIGPV | Market Commentary: Junk: StoneX, FirstCash price issues; AAR shoots higher; funds see first outflow of 2024
|
2/15/2024 | HY | Market Commentary: Junk: StoneX, FirstCash price issues; AAR shoots higher; funds see first outflow of 2024
|
2/14/2024 | SP | New Issue: GS Finance prices $500,000 autocallable contingent coupon equity notes on Avis
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2/13/2024 | BKBWHY | Avis Budget touts low leverage, well-laddered debt maturity profile
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1/3/2024 | BK | Avis Budget extends revolving credit facility maturity to 2028
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12/1/2023 | BK | Market Commentary: ZoomInfo, Avis break; Charter, Titan Acquisition, Cloudera updated; Surgery accelerated
|
12/1/2023 | CLHY | Market Commentary: ZoomInfo, Avis break; Charter, Titan Acquisition, Cloudera updated; Surgery accelerated
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12/1/2023 | BK | Avis Budget finalizes $540 million term loan issue price at par
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11/27/2023 | CLHY | Market Commentary: OverDrive, Charter, ZoomInfo, Summit, Avis, Atlantic Aviation, Life Time release talk
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11/27/2023 | BK | Market Commentary: OverDrive, Charter, ZoomInfo, Summit, Avis, Atlantic Aviation, Life Time release talk
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11/27/2023 | BK | Avis Budget launches $540 million term loan at SOFR plus 300 bps
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11/16/2023 | BKCVDDEMIGPV | Market Commentary: Fortress, ams-Osram, Helix price; Nabors lags; TransDigm rises; funds add $4.55 billion
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11/16/2023 | HY | Market Commentary: Fortress, ams-Osram, Helix price; Nabors lags; TransDigm rises; funds add $4.55 billion
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11/15/2023 | HYLM | Avis Budget will redeem outstanding 4½% notes due 2025 from new offering
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11/15/2023 | HY | New Issue: Avis Budget prices $500 million 8% 7.25-year senior notes at 99.341 to yield 8 1/8%
|
11/15/2023 | HY | Avis Budget driving by with $500 million 7.25-year senior notes; initial talk low-8% area
|
11/15/2023 | BK | Avis Budget to pay down term loan C with notes proceeds
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11/10/2023 | SP | New Issue: Barclays prices $510,000 autocallable fixed coupon notes on Avis
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10/26/2023 | SP | New Issue: JPMorgan prices $9.47 million contingent income autocallables on Avis Budget Group
|
9/21/2023 | SP | New Issue: JPMorgan prices $500,000 24.75% autocallable contingent interest notes tied to Avis
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6/23/2023 | BKHY | DBRS boosts, pulls Avis Budget ratings
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5/11/2023 | SP | New Issue: JPMorgan sells $500,000 return notes linked to basket of 30 stocks
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4/6/2023 | SP | New Issue: JPMorgan prices $500,000 27% autocallable contingent interest notes linked to Avis
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3/22/2023 | BK | Avis Budget shops amendment to shift term loan debt to SOFR
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10/16/2022 | SP | New Issue: Credit Suisse sells $585,000 contingent coupon autocallable yield notes on Avis
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8/23/2022 | BKHY | DBRS alters Avis trend to positive
|
6/16/2022 | SP | New Issue: GS Finance sells $1 million autocallable contingent coupon equity notes on Avis
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6/16/2022 | SP | New Issue: GS Finance prices $1 million autocallable contingent coupon equity notes on Avis
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3/23/2022 | BK | Market Commentary: SS&C Technologies, Owens & Minor, Forefront, Century Casinos break; Avis tweaks deal
|
3/23/2022 | CLHY | Market Commentary: SS&C Technologies, Owens & Minor, Forefront, Century Casinos break; Avis tweaks deal
|
3/23/2022 | BK | Avis launches add-on term loan, then upsizes to $250 million
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3/23/2022 | BK | Avis launches $150 million add-on term loan at 97-97.5 OID
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3/15/2022 | BK | Market Commentary: Avis frees to trade; Belfor updates surface; Skillsoft, Tank, Century Casinos release talk
|
3/15/2022 | CLHY | Market Commentary: Avis frees to trade; Belfor updates surface; Skillsoft, Tank, Century Casinos release talk
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3/15/2022 | BK | Avis ups spread on $500 million term loan to SOFR plus 350 bps
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3/9/2022 | SP | New Issue: JPMorgan prices $2 million capped buffered equity notes on basket of 30 stocks
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3/9/2022 | SP | New Issue: JPMorgan prices $1.1 million capped buffered equity notes on basket of 30 stocks
|
3/7/2022 | CLHY | Market Commentary: Avis Budget, Ellucian disclose talk; SPX Flow, Imprivata, Belfor Holdings ready deals
|
3/7/2022 | BK | Market Commentary: Avis Budget, Ellucian disclose talk; SPX Flow, Imprivata, Belfor Holdings ready deals
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3/7/2022 | BKHY | Moody’s rates Avis loan BB+
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3/7/2022 | BK | Avis launches $500 million term loan at SOFR plus 275-300 bps
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1/26/2022 | BKHY | S&P boosts Avis Budget
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12/30/2021 | SP | New Issue: JPMorgan sells $1 million yield notes linked to Avis Budget Group
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11/11/2021 | SP | New Issue: Morgan Stanley sells $2 million contingent income autocallables on Avis, Plug
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11/9/2021 | SP | New Issue: Morgan Stanley sells $1.2 million contingent income autocallables on Avis, Plug
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8/27/2021 | BKHY | DBRS shifts Avis trend to stable
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7/30/2021 | SP | New Issue: Morgan Stanley prices $2.5 million 12.55% worst-of fixed coupon RevCons on three stocks
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7/13/2021 | BK | Avis Budget lifts revolver to $1.95 billion, extends to 2026, makes covenant changes
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3/10/2021 | BKCVDDEMIGPV | Market Commentary: AAdvantage prices, rips on the break; Avis at 102; Synaptics, Crocs, Mattel on par-handles
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3/10/2021 | HY | Market Commentary: AAdvantage prices, rips on the break; Avis at 102; Synaptics, Crocs, Mattel on par-handles
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3/9/2021 | HY | Market Commentary: Primary reasonably busy; secondary firms; Charles River gains; Alcoa in focus
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3/9/2021 | HY | New Issue: Avis Budget prices upsized $500 million seven-year notes at par to yield 4¾%
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3/9/2021 | HYLM | Avis to redeem outstanding 6 3/8% notes due 2024, 5¼% notes due 2025
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3/9/2021 | BKHY | S&P gives Avis notes B
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3/9/2021 | HY | Avis Budget driving by with $350 million seven-year notes, initial guidance high 4% to 5% area
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2/17/2021 | BKHY | S&P ups, rates Avis notes B
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2/17/2021 | HYLM | Avis to fully redeem outstanding 10½% senior notes due 2025
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12/3/2020 | SP | New Issue: Credit Suisse sells $888,000 contingent coupon autocallable reverse converts on stocks
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10/30/2020 | BKBWHY | Avis reports no meaningful debt maturities until 2023, good liquidity
|
9/15/2020 | SP | New Issue: GS Finance sells $6.83 million leveraged basket-linked notes on 60 stocks
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8/19/2020 | BKHY | DBRS puts Avis on negative trend
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8/3/2020 | BKHY | S&P gives Avis Budget notes B-
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8/3/2020 | HYLM | Avis to redeem $100 million of 5½% notes with proceeds of new notes
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5/20/2020 | HY | Market Commentary: Airlines continue to get lifted; Avis on the rise; Hertz forbearance deadline looms
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5/20/2020 | DD | Market Commentary: Airlines continue to get lifted; Avis on the rise; Hertz forbearance deadline looms
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5/7/2020 | BKHY | DBRS cuts Avis Budget
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5/4/2020 | BKHY | S&P rates Avis notes BB-
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4/27/2020 | BKCVDDEMIGPV | Market Commentary: Delta upsizes; Kohl’s at a discount; Jeld-Wen drives by; Tronox flat; US Foods improves
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4/27/2020 | HY | Market Commentary: Delta upsizes; Kohl’s at a discount; Jeld-Wen drives by; Tronox flat; US Foods improves
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4/27/2020 | BK | Avis Budget gets waiver of leverage covenant under existing loans
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4/22/2020 | BKHY | S&P slices Avis Budget
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4/6/2020 | BKHY | DBRS cuts Avis Budget
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3/17/2020 | BKHY | S&P places Avis on negative watch
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2/7/2020 | BK | Avis Budget amends credit agreement to lower pricing, extend term B
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2/7/2020 | HYLM | Avis Budget to redeem $100 million 5½% notes due 2023 on April 1
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7/25/2019 | SP | New Issue: Credit Suisse sells $1.09 million contingent coupon autocallable reverse converts on 3M, Avis
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6/20/2019 | BKCVDDEMIGPV | Market Commentary: OWICs abound; Nexstar skyrockets; Avis, Norbord go up; PG&E gains; funds add $602 million
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6/20/2019 | HY | Market Commentary: OWICs abound; Nexstar skyrockets; Avis, Norbord go up; PG&E gains; funds add $602 million
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6/20/2019 | HY | Market Commentary: Morning Commentary: Market advances on easy Fed; Allied Universal brings $1.55 billion
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6/19/2019 | BKCVDDEMIGPV | Market Commentary: Nexstar, Avis, Norbord price; Hexion, Michaels, Alpha Auto, Avon add-on on tap
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6/19/2019 | HY | Market Commentary: Nexstar, Avis, Norbord price; Hexion, Michaels, Alpha Auto, Avon add-on on tap; new paper in focus, gains
|
6/19/2019 | HY | New Issue: Avis Budget prices $400 million eight-year notes at par to yield 5¾%
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6/19/2019 | HYLM | Avis Budget to redeem some 5½% notes with proceeds from new notes
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6/19/2019 | BKHY | S&P rates Avis Budget notes BB
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6/19/2019 | HY | Avis Budget driving by with $400 million eight-year senior notes; early talk in 6% area
|
2/21/2019 | BKBWHY | Avis is in ‘strong’ financial position; no debt maturities until 2023
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1/3/2019 | CLHY | Market Commentary: Secondary loan prices appear to be firming up from pre-holiday levels
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1/3/2019 | BK | Market Commentary: Secondary loan prices appear to be firming up from pre-holiday levels
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9/25/2018 | HYLM | Avis Budget to redeem all 5 1/8% senior notes due 2022 via new notes
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7/20/2018 | BKHY | Moody's lifts Avis view to positive
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6/26/2018 | HY | Market Commentary: Teekay, Chaparral price; PHI downsizes; California Resources active; Hertz ‘sloppy’
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6/22/2018 | BKHY | S&P lifts Avis Budget debt
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2/9/2018 | BK | Market Commentary: Gopher, Janus, Weld, Matrix, Berry, Jefferies, Syniverse, CSC, Chromaflo and more break
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2/9/2018 | CLHY | Market Commentary: Gopher, Janus, Weld, Matrix, Berry, Jefferies, Syniverse, CSC, Chromaflo and more break
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2/9/2018 | BK | Avis Budget firms $1.14 billion term loan B at discount of 99.75
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2/6/2018 | BK | Avis Budget shops $1.14 billion term loan B at Libor plus 200 bps
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12/1/2017 | BKHY | DBRS confirms Avis Budget
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11/7/2017 | HY | Market Commentary: Morning Commentary: Valeant, California Resources outperform flat junk market; Michael Baker eyed
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8/25/2017 | BK | Avis Budget extends leverage ratio in amended agreement via JPMorgan
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7/3/2017 | HY | Advantage Data: Junk sectors rebound after prior week’s loss, are up in eight of past 10 weeks
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6/19/2017 | HY | Advantage Data: Junk sectors post fifth straight gain after loss, now up in nine of last 10 weeks
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5/15/2017 | HY | Market Commentary: Firmer oil prices boost energy names; car-rental bonds down; Penney paper mostly stable
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5/15/2017 | DD | Market Commentary: Firmer oil prices boost energy names; car-rental bonds in a skid; Penney paper mostly stable after Friday fall
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5/15/2017 | HY | Market Commentary: Cheniere unit drives by with $1 billion deal, new bonds firm; oil issues up with crude, car rentals skid
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5/15/2017 | BKCVDDEMIGPV | Market Commentary: Cheniere unit drives by with $1 billion deal; oil issues up with crude, car rentals skid
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4/12/2017 | HY | Market Commentary: SNF Floerger, Tutor Perini, Endo, Tennant price; Toys ‘R’ Us jumps; recent Barminco, Ultra mixed; Endo rebounds
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4/12/2017 | DD | Market Commentary: Toys ‘R’ Us up several points after posting fourth quarter results; Endo International rebounds; Valeant down
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3/8/2017 | BK | Market Commentary: Macom, Styrolution hit secondary; LPL Holdings, American Axle, KeyPoint changes surface
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3/4/2017 | HY | Market Commentary: CyrusOne, Howard Hughes, LPL price to cap $6 billion week; busy new BlueLine bonds jump
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3/1/2017 | HY | Market Commentary: Dollar pricings again absent, but Blue Line, Vermilion slate; Avis prices euro deal; Intelsat gains go on
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3/1/2017 | BKCVDDEMIGPV | Market Commentary: Dollar pricings again absent, but BlueLine, Vermilion slate; Avis prices euro deal
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3/1/2017 | HY | New Issue: Avis Budget prices €250 million eight-year notes at par to yield 4½%
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3/1/2017 | BKHY | S&P: Avis Budget notes BB-
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3/1/2017 | HY | Avis Budget guides €250 million eight-year notes in 4½% area; pricing Wednesday
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3/1/2017 | HYLM | Avis Budget to redeem 6% notes, some floaters due 2017 via new issue
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2/16/2017 | BK | Market Commentary: Greenway, TeamViewer, BBB Industries, SeaStar break; Freedom, Level 3, Armstrong updated
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2/16/2017 | CLHY | Market Commentary: Greenway, TeamViewer, BBB Industries, SeaStar break; Freedom, Level 3, Armstrong updated
|
2/16/2017 | BK | Avis Budget launches $1.15 billion term B at Libor plus 200-225 bps
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12/16/2016 | BKHYIG | S&P upgrades Avis Budget, loan, notes
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10/12/2016 | BK | Avis Budget extends term of revolving credit facility to 2021
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9/30/2016 | HYLM | Avis Budget plans to redeem €275 million portion of 6% notes due 2021
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9/21/2016 | HY | Market Commentary: Versum Materials prices, moves up; recent Landry, Sabine deals gain; market firm post-Fed
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9/20/2016 | HY | Avis Budget to price €250 million eight-year notes on Wednesday, to partially redeem 2021 notes
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9/20/2016 | BKHY | S&P rates Avis Budget notes B+
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5/18/2016 | BK | Avis Budget Group extends $825 million of term loan B to 2022
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5/10/2016 | CLHY | Market Commentary: Russell breaks atop widened OID; PODS dips with add-on news; Verisk Health, Avis set talk
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5/10/2016 | BK | Market Commentary: Russell breaks atop widened OID; PODS dips with add-on news; Verisk Health, Avis set talk
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5/10/2016 | BK | Avis Budget launches amend and extend of $968 million term loan B
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3/14/2016 | BKHY | S&P rates Avis Budget notes B+
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3/27/2015 | SP | New Issue: Credit Suisse prices $2.76 million contingent coupon autocallables linked to Avis
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3/26/2015 | SP | New Issue: Credit Suisse prices $1 million contingent coupon autocallables linked to Avis
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3/4/2015 | CV | S&P downgrades BPZ
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3/4/2015 | BKCVHY | S&P: Avis Budget notes B+
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2/20/2015 | BKCVHY | DBRS: Avis Budget earnings ‘solid,’ trend positive
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12/19/2014 | BKCVHY | DBRS ups Avis Budget to positive
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11/20/2014 | BKBWHY | Avis Budget CEO: Free cash flow for share buybacks and growth, not debt reduction
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10/6/2014 | BK | Avis Budget amends revolver to lift availability to $1.8 billion
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10/1/2014 | SP | New Issue: Deutsche Bank prices $2.27 million 7.2% airbag autocallables linked to Avis
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9/22/2014 | SP | Deutsche Bank to price 6%-7.2% airbag autocallables linked to Avis
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7/18/2014 | BKCVHYIG | Moody’s upgrades Avis Budget Group
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5/13/2014 | BKCVHY | S&P ups Avis Budget, rates notes B+
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11/21/2013 | BKCVHY | S&P rates Avis Budget notes B
|
11/21/2013 | HY | Market Commentary: LifePoint, Calumet lead $1.65 billion day; Bon-Ton jumps; Toys slumps; funds up $783 million
|
11/20/2013 | HY | Market Commentary: Avis drive-by, Tervita price; new BreitBurn jumps in heavy trading; busy Caesars on the slide
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11/20/2013 | HY | Market Commentary: Avis drive-by, Tervita price; new BreitBurn jumps in heavy trading; busy Caesars on the slide
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11/20/2013 | HY | Avis Budget pricing $250 million four-year floaters Wednesday
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11/20/2013 | HY | New Issue: Avis Budget prices $250 million Libor plus 275 bps floater due 2017 at 98.75
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8/5/2013 | BK | Avis Budget ups revolver to $1.7 billion, extends to 2018; pricing cut
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4/17/2013 | HYLM | Avis Budget gets tenders for 72% of 9 5/8% notes, 10% of 93/4% notes
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4/3/2013 | HYLM | Avis Budget gives early results in tender for 9 5/8% and 93/4% notes
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4/1/2013 | BKCVHY | S&P ups Avis view to positive
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3/19/2013 | BKCVHY | S&P: Avis Budget notes B
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3/19/2013 | HYLM | Avis Budget begins tender offers for $450 million of 9 5/8%, 93/4% notes
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1/18/2013 | HY | Market Commentary: GenCorp, Gibraltar, Zachry deals cap $7.7 billion week; new bonds move up; market firm
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1/16/2013 | BKCVHY | DBRS places Avis Budget on positive review
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1/16/2013 | BKHY | Avis Budget Group launches $250 million bridge loan led by Citigroup
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1/7/2013 | BKCVHY | Fitch: No change to Avis
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1/4/2013 | HY | Market Commentary: Primary ends week quietly, Petaquilla restructures; SuperValu up on Cerberus news
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1/2/2013 | BKCVHY | S&P: Avis Budget unchanged
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1/2/2013 | CV | Market Commentary: Convertibles quiet despite strong equity rally; Cobalt stronger; Lam Research in trade
|
1/2/2013 | HY | Market Commentary: Junk opens year strongly but Avis quiet despite deal; DuPont, McGraw Hill units plan sales
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1/2/2013 | BK | Avis Budget to get incremental corporate debt for acquisition of Zipcar
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1/2/2013 | BK | Market Commentary: Avis loan steady with acquisition news; Nine Entertainment, NEP Broadcasting deals surface
|
11/5/2012 | BKCVHY | Moody's rates Avis notes B2
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11/5/2012 | BKHY | S&P rates Avis notes B
|
11/5/2012 | CV | Market Commentary: BioMarin up on drug data; Walter Investment pulls back; convertibles pause for elections
|
8/27/2012 | CV | Market Commentary: Hertz trades up after deal to buy Dollar Thrifty; Akorn firms; Navistar gains as CEO retires
|
5/17/2012 | SP | JPMorgan to price 17.25% reverse convertibles linked to Avis Budget
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4/5/2012 | BKHY | Fitch rates Avis Budget loan BB+, notes B+
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3/30/2012 | CVLM | Avis Budget buys back $100 million of convertibles for $115 million
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3/26/2012 | BKCVHY | DBRS confirms Avis
|
3/26/2012 | HY | Market Commentary: Lyondell megadeal, Avis add-on price; Hercules coming next; Poindexter pop continues
|
11/29/2011 | HY | Market Commentary: AMR dives after bankruptcy filing; other airlines unseen; market mixed; primary stilled
|
10/21/2011 | BKCVHY | Fitch lifts Avis Budget secured, unsecured debt
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10/11/2011 | HY | Market Commentary: Junk jumps as trading resumes; Levi sizzles; Sprint fizzles; Kinetic Concepts downsizes deal
|
10/3/2011 | BKHY | S&P affirms Avis
|
9/21/2011 | BK | Market Commentary: Avis, NewPage break; BJ's revises structure, pricing; Web.com, Renaissance talk surfaces
|
9/21/2011 | HY | New Issue: Avis Budget prices $250 million notes due 2020 at par to yield 93/4%
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9/21/2011 | HY | Market Commentary: Avis prices, struggles in trading; new Iron Mountain, Barrett busy; junk falls as Fed fizzles
|
9/20/2011 | BK | Market Commentary: First Data, Freescale up in strong market; Avis Budget, Garden Ridge, Sealed Air rework deals
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9/20/2011 | HY | Avis Budget talks $250 million notes due 2020 with 93/4% area yield
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9/20/2011 | BK | Avis cuts spread on $420 million term loan B to Libor plus 500 bps
|
9/19/2011 | BK | Market Commentary: Travelport gains with amendment, restructuring; Avis ups deadline; NewPage tweaks deal
|
9/19/2011 | HY | Market Commentary: Stillwell Mining shops deal; new Sealed Air trades up solidly amid otherwise uneventful market
|
9/16/2011 | BK | Market Commentary: Avis Budget sees interest; Blackboard, Telx rework deals; Endurance International talk emerges
|
9/16/2011 | HY | Market Commentary: Sealed Air mega-deal closes out $2 billion week, busiest since July; new bonds push higher
|
9/15/2011 | BKHY | Moody's rates Avis Budget loan Ba1, notes B2
|
9/14/2011 | BK | Market Commentary: Avis up on exit from Dollar Thrifty race; Hertz rises; Go Daddy, Drug Royalty set talk
|
9/14/2011 | CV | Market Commentary: Textron rises on tender; Intermune gains on debut despite tighter talk; Avis up as bid pulled
|
9/14/2011 | HY | Avis Budget sets Thursday investor call for $250 million notes offer
|
9/14/2011 | HY | Market Commentary: Avis shops deal; Ford flies on debt-cut plans; overall market better with stocks; Nortel slips
|
9/13/2011 | HY | Market Commentary: Avis heard to be readying bond deal; Sealed Air may hit road; Fresenius firms in mixed market
|
9/13/2011 | BK | Avis ups term B to $420 million, lifts spread to Libor plus 525 bps
|
9/13/2011 | BK | Market Commentary: Travelport, Gentiva slide with ratings cuts; Sealed Air, Dial set talk; Avis tweaks deal
|
9/13/2011 | HY | Avis Budget offers $250 million bonds backing Avis Europe acquisition
|
9/12/2011 | BK | Market Commentary: Avis slides in soft market; BJ's Wholesale, Blackboard, Metropolitan Health release talk
|
9/12/2011 | HY | Market Commentary: Junk broadly lower, some down multiple points; primary stilled, but new bonds hold most gains
|
9/12/2011 | BK | Avis to hold update call Tuesday regarding debt financing structure
|
9/6/2011 | BK | Market Commentary: Avis loan changes expected when bonds surface; Garden Ridge floats talk; Telx readies deal
|
9/6/2011 | HY | Market Commentary: Junk trading resumes, but jobs, stocks, Europe weigh on levels; Dynegy off; primary still quiet
|
8/24/2011 | BK | Market Commentary: Avis term loan B syndication may slide into September; Par Pharmaceutical readies deal
|
8/15/2011 | BKHY | DBRS: Avis Budget unchanged
|
8/4/2011 | BKHY | S&P rates Avis loan BB
|
8/4/2011 | BK | Avis Budget reveals talk on $900 million credit facility with launch
|
8/4/2011 | BK | Market Commentary: Dynegy, NANA break for trading; NRG, DaVita weaken with market; Avis price talk surfaces
|
8/2/2011 | BK | Avis Budget Group to launch $900 million credit facility on Thursday
|
8/2/2011 | BK | Avis Budget gets OK to amend facility to ease Avis Europe acquisition
|
8/2/2011 | BK | Market Commentary: Nursing home sector continues decline; MetroPCS, Cengage weaken; Ocwen trims pricing
|
6/17/2011 | BKHY | DBRS: Avis unchanged
|
6/15/2011 | BKHY | Moody's affirms Avis
|
6/15/2011 | BKHY | Fitch: Avis unchanged
|
6/14/2011 | BKHY | Avis Budget to use new debt financing for purchase of Avis Europe
|
6/14/2011 | BKHY | S&P puts Avis on watch
|
5/5/2011 | BKCVHY | DBRS: Avis Budget unchanged
|
4/6/2011 | BKCVHY | Moody's ups Avis; loan Ba1
|
2/23/2011 | BKCVHY | DBRS rates Avis B (high)
|
2/17/2011 | CV | Market Commentary: NetApp falls outright, flat on hedge; Allergan comes in slightly; KV Pharma extends gains
|
1/3/2011 | HYLM | Avis Budget Group redeems $175 million 7 5/8% senior notes due 2014
|
11/15/2010 | HY | Market Commentary: Ally $1 billion drive-by leads $2.4 billion session, falls in trading; GM gains as IPO looms
|
11/5/2010 | BKCVHY | DBRS: Avis unaffected
|
11/4/2010 | BKHY | Fitch affirms Avis
|
11/4/2010 | CV | Fitch affirms Avis
|
10/19/2010 | HY | Market Commentary: MarkWest, Host Hotels, Abengoa sell; new MarkWest, Univision bonds up nicely; Sbarro suffering
|
10/8/2010 | BKCVHY | S&P rates Avis Budget notes B
|
10/8/2010 | BKCVHY | Moody's rates Avis notes B3
|
10/8/2010 | HY | Market Commentary: Pricing parade pauses, but Clearwater, European deals slate; pre-holiday market firm, quiet
|
10/7/2010 | HY | Market Commentary: Avis, Cincinnati Bell, Michaels lead $2.5 billion day, Europe active, funds up $366 million
|
10/7/2010 | HY | New Issue: Avis Budget prices $400 million 8.25-year notes at par to yield 81/4%
|
9/23/2010 | CV | Market Commentary: Vertex Pharma adds on active debut; Avis, Hertz slip; Rite Aid down, but CBIZ adds to debut
|
7/30/2010 | BKCVHY | Fitch puts Avis on evolving watch
|
7/30/2010 | BKCVHY | Fitch puts Avis on evolving watch
|
7/29/2010 | BKCVHY | Moody's maintains Avis Budget
|
6/25/2010 | CV | Market Commentary: Convertible trading volume light; Transocean off; Medtronic flat; Avis, AMR under pressure
|
6/24/2010 | CV | Market Commentary: Shorter-dated high-grade names in trade; Transocean, Medtronic, Symantec in line; PPL up
|
5/3/2010 | BK | Market Commentary: UAL rises on merger news; Sorenson nosedives; Dave & Buster's, Wendy's/Arby's whisper talk
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3/16/2010 | BKCVHY | S&P lifts Avis Budget notes
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3/10/2010 | BK | Avis extends $275 million of term and almost $1 billion of revolver
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3/9/2010 | BKCVHY | DBRS: AvisBudget unchanged
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3/9/2010 | HY | Market Commentary: Boise prices over-subscribed deal, MGM prices also, both firm; await Suburban Propane offering
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3/8/2010 | HY | Market Commentary: Garda prices two-parter; Boise, Parker Drilling, others slate; Harrah's up on CMBS extension
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3/5/2010 | HY | Market Commentary: Avis, Holly, Zayo deals price, move up; Blockbuster, NewPage gains continue, secondary firm
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3/3/2010 | BK | Avis expects to extend $265 million of term, $965 million of revolver
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3/3/2010 | BK | Market Commentary: Neiman inches higher with monthly sales results; HCA run-up ends; Avis steady on paydown
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3/3/2010 | HY | Market Commentary: Reddy Ice add-on, Conexant deals price, Avis, tw telecom, Holly slate; Visteon surge subsides
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2/17/2010 | CV | Market Commentary: Omnicare weaker on hedged basis; YRC better on hedge; Avis convertibles indicated higher
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2/12/2010 | CV | Market Commentary: Convertibles quiet; Annaly Capital off; Ford, Nasdaq, Avis steady; AMR adds after upgrade
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2/2/2010 | BKHY | S&P boosts Avis
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12/16/2009 | BKCVHY | DBRS gives B (high) to AvisBudget
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11/16/2009 | CV | Market Commentary: Kilroy Realty, TRW price deals after the close; CIT, Dollar Financial bid higher; Ford gains
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11/12/2009 | CV | Market Commentary: James River quiet in the gray; AMD convertibles jump on settlement news; Avis trades at 96
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10/13/2009 | BKCVHY | S&P upgrades Avis Budget Group
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10/13/2009 | CV | Avis Budget $45 million greenshoe for convertibles exercised in full
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10/13/2009 | CV | Market Commentary: Convertibles mostly quiet again; airlines trade; Avis remains firm; PHH, Gaylord below par
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10/12/2009 | CV | Market Commentary: Convertibles mostly quiet; Cameron, Nabors edge higher as oil rises; US Airways, AMR firm
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10/12/2009 | CV | S&P upgrades Avis Budget Group
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10/9/2009 | CV | Market Commentary: Finisar higher on debut with shares; Avis steady, Advanced Micro trades mixed; Trico jumps
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10/8/2009 | CV | Correction: Avis convertibles mature Oct. 1, 2014; stock reference price $12.50
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10/8/2009 | CV | Market Commentary: AirTran climbs on debut, Avis, Alcoa trade higher; Finisar, Stewart Information to price
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10/7/2009 | CV | Market Commentary: Avis sells upsized convertibles; AirTran prices $100 million; Finistar on tap with offering
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10/7/2009 | BK | Market Commentary: Zuffa talk surfaces; Lear details released with launch; HCA dips; Avis, Hertz rise
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10/7/2009 | CV | New Issue: Avis sells upsized $300 million five-year convertibles at 3.5%, up 30%
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10/6/2009 | CV | Avis talks $250 million of five-year convertibles at 3.5%-4%, up 25%-30% for Wednesday
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10/6/2009 | CV | Market Commentary: MannKind drops on partnership deal delay; Medtronic, Transocean gain; Avis, AirTran plan deals
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9/30/2009 | BKBWHY | Avis' cost cutting nets positive results; profitability looms closer
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8/4/2009 | BK | Avis Budget Group draws $100 million under revolving facility
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7/22/2009 | IG | New Issue: Avis Budget Rental Car Funding sells $450 million 9.31% asset-backed notes due 2012
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7/16/2009 | BK | Market Commentary: Avis loan trades up 4 points; LCDX up 15 bps; loan funds see $41 million weekly inflows
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5/26/2009 | DD | Market Commentary: Rite Aid structure mixed; Avis loan up on financing news; GMAC, ResCap stronger; GM bonds realign
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5/26/2009 | BK | Market Commentary: Avis rises on financing; LCDX up with stocks; Rite Aid launches new loan, old loan steady
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5/8/2009 | BK | Market Commentary: PharmaNet expected to sweeten pricing; Calpine up with numbers; Stressed names see demand
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5/8/2009 | DD | Market Commentary: AIG bonds gain after posting narrower loss; Neiman slips on sales; Avis loan drives higher again
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5/7/2009 | BK | Market Commentary: Avis jumps on better-than-expected results; DirecTV, MetroPCS, Charter better with numbers
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5/7/2009 | DD | Market Commentary: Bon-Ton gets boost on sales; Charter pushes higher; GM mixed post-earnings; General Growth gains
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4/20/2009 | BKDDHY | S&P affirms Avis
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4/17/2009 | BKDDHY | S&P lowers Avis facility to CCC+
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3/18/2009 | HY | Market Commentary: MGM Mirage bonds slide but come off lows; Wynn quiets down; Fed's bond plan boosts junk market
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2/4/2009 | SS | Classic Fund increases stake to 5.2% in Avis Budget
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1/6/2009 | BKHY | S&P: Avis on positive watch
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12/23/2008 | BKHY | Fitch lowers Avis Budget
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12/23/2008 | BK | Avis seeks loan amendment to revise covenants, revolver size and pricing
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12/23/2008 | BKHY | S&P keeps Avis Budget on developing watch
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12/22/2008 | BKDDHY | S&P lowers Avis Budget
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11/7/2008 | HY | Market Commentary: Junk mostly lower despite stock gains; auto names fall on losses; AMC, Virgin Media up on asset-sale news
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10/24/2008 | BKHY | S&P lowers Avis Budget
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10/9/2008 | DD | Market Commentary: General Motors, Ford pressured by lower sales forecast; Avis, Hertz 'got hurt'; broad market easier
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10/9/2008 | HY | Market Commentary: Health care sector turns downward; GM, Ford securities remain under pressure; Avis, Hertz get hurt
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8/7/2008 | HY | Market Commentary: Trump jumps despite loss, Sprint off as converts scrubbed; Texas Industries prices; funds add $96 million
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7/7/2008 | HY | Market Commentary: Interval, HSN, Ticketmaster slate new deals; Penn Gaming rebounds; GM, GMAC gyrate
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7/3/2008 | HY | Market Commentary: Penn Gaming seen lower after LBO flops; GM, GMAC still struggle; funds see $87 million inflow
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7/2/2008 | BKHY | S&P lowers Avis
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7/2/2008 | HY | Market Commentary: Fox Acquisition prices; GM off as Merrill talks bankruptcy; Blockbuster up after dropping Circuit City idea
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1/25/2008 | BKHY | S&P puts Avis on watch
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1/24/2008 | HY | Market Commentary: Ford and credit arm up on narrowed loss amid better market; Trump jumps; funds see $232 million outflow
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10/24/2007 | BKHY | S&P: Avis Budget unaffected
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9/27/2007 | BKHY | Fitch affirms Avis
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2/12/2007 | BKHY | S&P rates Avis Budget BB+
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2/9/2007 | HY | Avis Budget Group to guarantee $1 billion notes issued by Avis Budget Car Rental
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10/4/2006 | BKHY | Avis Budget: still 'trying harder,' now with dual-brand strategy
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9/29/2006 | HY | Avis Budget redeems all 61/4% notes due 2008, 61/4% notes due 2010, 7 3/8% notes, 7 1/8% notes
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9/26/2001 | CV | Moody's puts 5 lodging firms' ratings on review for possible downgrade
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