Press Release: Cendant Corporation
August 3, 2001
NEW YORK, NY -- Cendant Corporation (NYSE: CD) yesterday announced that it will offer approximately $500 million
in aggregate principal amount of senior notes in a private offering to qualified institutional buyers under Rule
144A of the Securities Act and to persons outside the United States pursuant to Regulation S.
The notes have not been registered under United States securities laws and may not be offered or sold in the United
States except to qualified institutional buyers. Cendant will use the proceeds from the offering for general corporate
purposes, which may include acquisitions.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described
herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation
or sale would be unlawful prior to registration or qualification under the securities law of any such jurisdiction.
SOURCE: Cendant Corporation