Copying and distributing are prohibited without permission of the publisher.

Watermark

Avis returns with first rental car ABS of 2021

Car 575 375
By Jennifer Kang
10 May 2021

Rental car company Avis is looking to get a securitization deal done for the first time since its blockbuster deal in August 2020. Despite the headwinds of the pandemic, the firm achieved its best Ebitda margin ever in the first quarter thanks to aggressive cost cutting measures and returning demand for travel.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
By Jennifer Kang
10 May 2021