Avis Budget amends, extends ABRCF AESOP fleet ABS facilities; boosts 2010-6 notes to $2.63 billion
Avis Budget Group, Inc. CAR | 0.00 |
- Avis Budget amended and extended asset-backed variable-funding financing facilities used to finance its US rental car fleet, closing April 30, 2026.
- Series 2010-6 Notes facility increased to about $2.63 billion from about $2.23 billion; Series 2015-3 Notes facility increased to about $132 million from about $109 million.
- Facility sizes set to step down Nov. 1, 2026 by $438 million for Series 2010-6, by $22 million for Series 2015-3.
- Class A notes in both series carry two-year terms; Class B notes carry one-year terms.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avis Budget Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950142-26-001281), on May 05, 2026, and is solely responsible for the information contained therein.
