BANKING/ FINANCE
- Share via
Compiled by James S. Granelli/Times staff writer
Bond Offering: To fund its financing needs in five countries, Avco Financial Services Inc. in Irvine has registered with the Securities and Exchange Commission to float up to $900 million in bonds over the next 18 months to two years.
The amount is the highest ever sought by the financial services company, exceeding an $800-million offering in December, 1985.
Avco makes primarily consumer loans to individuals in the United States, Canada, Australia, New Zealand and the United Kingdom
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
