Simpson Thacher represented the initial purchasers in connection with an offering by Avis Budget Finance plc (the “Issuer”), a wholly-owned subsidiary of Avis Budget Group, Inc. (“Avis Budget Group”), of €200 million aggregate principal amount of additional 7.25% Senior Notes due 2030 pursuant to Rule 144A and Regulation S.~~Avis Budget Group will use the net proceeds from the offering for general corporate purposes, which may include repayment of indebtedness, including, without limitation, outstanding fleet debt, and to pay fees and expenses in connection with the foregoing.~~Avis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have approximately 10,250 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network. Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world.~~The Simpson Thacher team included John C. Ericson, John O’Connell, Melissa Lewis, Sofia Elkina and Skyler Simon (Capital Markets); Jonathan Cantor and Preston Irace (Tax); Ryan Stott (Executive Compensation and Employee Benefits); Siak Goh (Intellectual Property); and Jennie Getsin (Blue Sky).