The Offers are scheduled to expire at 11:59 p.m., New York City time, on April 16, 2013, unless extended (such time and date, as the same may be extended, the "Expiration Date").As previously announced, holders who validly tendered (and did not validly withdraw) 2018 Notes at or prior to the Early Tender Deadline, will receive the "2018 Notes Total Consideration," which for each $1,000 principal amount of 2018 Notes is equal to $1,127.50, including an "Early Tender Premium" of $30.00 per $1,000 principal amount of 2018 Notes. Holders who validly tender 2018 Notes after the Early Tender Deadline but before the Expiration Date will not be eligible to receive the Early Tender Premium, and instead will be entitled to receive only the "2018 Notes Offer Consideration" which is equal to the 2018 Notes Total Consideration minus the Early Tender Premium.
Avis Budget Group Announces Early Results Of Tender Offer For 9 5/8% Senior Notes Due 2018 And 9.75% Senior Notes Due 2020
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