Brief: Avis Says It Was Paid $650 Million Under Settlement With Pentwater Capital Management
06/10/2026 21:30
BRIEF-Avis Says It Was Paid $650 Million Under Settlement With Pentwater Capital Management Oct 6 (Reuters) - Avis Budget Group Inc CAR.O:
AVIS BUDGET GROUP - PAID $650 MILLION CASH SETTLEMENT ON OCTOBER 5, 2026 - SEC FILING
AVIS BUDGET GROUP - SETTLEMENT PAYMENT APPROVED BY COURT TO BE RECOGNIZED IN Q4 FINANCIALS - SEC FILING
AVIS BUDGET GROUP - SETTLEMENT WITH PENTWATER CAPITAL MANAGEMENT LP RESOLVES SHORT-SWING PROFITS LAWSUIT - SEC FILING
AVIS BUDGET GROUP - EXPECTS TO USE A PORTION OF SETTLEMENT AMOUNT IT WAS PAID TO REPAY $350 MILLION 5.750% SENIOR NOTES DUE 2027 PRIOR TO YEAR END
Source text: [ID:n0000950142-26-002687]
Further company coverage: CAR.O
((Reuters.Briefs@thomsonreuters.com;))
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