BANKING/ FINANCE
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
