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Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Entry into a Material Definitive Agreement. On June 9, 2026 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $650 million of asset-backed securities with a maturity of three years and five years, respectively, comprised of $182.50 million aggregate principal amount of Series 2026-3 4.82%, Class A notes, $23.75 million aggregate principal amount of Series 2026-3 5.21%, Class B notes, $16.25 million aggregate principal amount of Series 2026-3 5.50…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information described above under
Other Events. On May 29, 2026, Avis Budget Car Rental, LLC (“ABCR”) and Avis Budget Finance, Inc. (together, the “Issuers”), each, a wholly-owned subsidiary of Avis Budget Group, Inc. (the “Company”), issued $300 million aggregate principal amount of 8.000% Senior Notes due 2031 (the “New Notes”). The New Notes were issued as additional notes pursuant to the Indenture, dated as of November 22, 2023 (the “Base Indenture”), as supplemented by the First Supplemental Indenture, dated as of May 29…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 26, 2026, Avis Budget Group, Inc. (the “Company”) appointed Tina Goldenberg to the position of Vice President and Chief Accounting Officer of the Company, effective June 15, 2026. Cathleen DeGenova, who is retiring, will continue to serve as Senior Vice President and Chief Accounting Officer until June 14, 2026. Ms. DeGenova will continue to…
Entry into a Material Definitive Agreement. Avis Budget Rental Car Funding (AESOP) Facilities On April 30, 2026 (the “Closing Date”), Avis Budget Group, Inc.’s (the “Company”, “we” or “our”) Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) completed an amendment and extension of its asset-backed variable-funding financing facilities, which provide a portion of the financing for our car rental fleet in the United States. This financing is comprised of the Series 2010-6 Notes fac…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information described above under
Results of Operations and Financial Condition. On April 29, 2026, Avis Budget Group, Inc. (the “Company,” “we,” “our” or “us”) reported our first quarter 2026 results. Our first quarter 2026 results are discussed in detail in the press release attached hereto as Exhibit 99.1, which is incorporated herein by reference. The information in this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchan…
Other Events. On March 27, 2026, Avis Budget Group, Inc. (the “Company”), entered into an Equity Distribution Agreement (the “Equity Distribution Agreement”) by and among the Company, on the one hand, and BofA Securities, Inc., BNP Paribas Securities Corp., Credit Agricole Securities (USA) Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, Scotia Capital (USA) Inc., SG Americas Securities, LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC (the “Sa…
Entry into a Material Definitive Agreement. On March 11, 2026 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $668.20 million of asset-backed securities with a maturity of three years and five years, respectively, comprised of $280.39 million aggregate principal amount of Series 2026-1 4.28%, Class A notes, $34.57 million aggregate principal amount of Series 2026-1 4.57%, Class B notes, $23.05 million aggregate principal amount of Series 2026-1…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information described above under
Results of Operations and Financial Condition. On February 18, 2026, Avis Budget Group, Inc. (the “Company,” “we,” “our” or “us”) reported our fourth quarter and full year 2025 results. Our fourth quarter and full year 2025 results are discussed in detail in the press release attached hereto as Exhibit 99.1, which is incorporated herein by reference. The information in this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act…
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