Wednesday, April 12, 2006

Cendant Corporation Announces That Avis Budget Car Rental, LLC Priced $1 Billion Senior Notes Offering (Hawaii rental)


Cendant Corporation Announces That Avis Budget Car Rental, LLC Priced $1 Billion Senior Notes Offering
Cendant Corporation today announced that the parent of its vehicle rental business, Avis Budget Car Rental, LLC, has priced a private offering of $1.0 billion aggregate principal amount of its senior notes, which includes $375 million in aggregate principal amount of its 7.625% senior notes due 2014, $375 million in aggregate principal amount of its 7.75% senior notes due 2016, and $250 million
Source: biz.yahoo.com

CARkeys - Rental Firm Becomes Big Player
Exeter-based car rental business Scot Group is aiming to become a major UK player through its acquisition of the Dollar and Thrifty brands. The master franchise holder for both is Flightform Ltd, which Scot Group has bought for an undisclosed sum.
Source: www.carkeys.co.uk

Hertz gets its own hopped-up Mustangs to rent out
While rental-car companies boast about how fast they can muscle customers into their cars, Hertz is taking a more aggressive approach. It's going to offer a fast muscle car. The Shelby GT-H, as the hopped-up Mustang will be called, won't be in showrooms; it'll be available only as a rental and only at some Hertz locations. Just 500 will be in the fleet.
Source: www.usatoday.com

Southern California Apartment Rents to Increase, Lusk Report Says
Slow but steady growth of the Southern California economy and a significant number of rental apartments lost to condominium conversion mean that apartment rents will rise this year in the Los Angeles area, according to the Casden Real Estate Economics Forecast, released today by the University of Southern California Lusk Center for Real Estate.
Source: commercialpropertynews.com

Rental Truck Takes L.I. Police On Wild Chase
A high-speed chase through Suffolk County ended when the man in a rental truck crashed into a tree on the North Fork of Long Island.
Source: wcbstv.com

Seattle Cruise Ship Passengers Have Streamlined Access to Rental Cars at New Dockside Terminal Locations Through
SEATTLE----April 12, 2006--Cruise ship passengers arriving or departing through Seattle during the 2006 cruise season now have a convenient, on-the spot resource for rental cars through Thrifty Car Rental.
Source: biz.yahoo.com

Impact Housing Group gets Gwinnett support
Lawrenceville, Ga. (April 11, 2006) As part of its ongoing support of revitalization efforts throughout Gwinnett County, the Board of Commissioners today approved two resolutions supporting the efforts of IMPACT! Group, a non-profit community development corporation, to rehabilitate 92 units of substandard rental housing on Beaver Springs Lane near Norcross.
Source: www.theweekly.com

Blockbuster Shares Rise After Upgrade
Shares of Blockbuster Inc. traded higher Monday after an analyst recommended the stock, citing improving retail trends and balance sheet at the video rental chain.
Source: biz.yahoo.com

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