NasdaqGS:CARTransportation
Avis Debuts "Avis First" and Refinances $1.15B Debt, Which Might Change the Case for Investing in CAR
On July 16, 2025, Avis Budget Group refinanced US$1.15 billion of debt with new tranche B term loans maturing in 2032 and unveiled "Avis First," a concierge-level car rental service aimed at broadening premium access.
This new service signals a major shift in Avis's approach by targeting customers seeking elevated experiences at accessible prices, not just traditional premium tier clients.
We'll examine how the introduction of 'Avis First' could reshape the company's investment narrative and...