{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-11T02:03:10.654997+00:00","company":{"ticker":"CAR","cik":723612,"company_name":"AVIS BUDGET GROUP, INC."},"pagination":{"limit":100,"returned":90,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"The Bank of New York Mellon Trust Company, N.A.","detail":"notes_offering","count":17,"first_seen":"2022-12-02T23:59:59+00:00","last_seen":"2026-06-12T20:05:27+00:00","evidence_fact_ids":[28760,28761,36279,66618,66619,81000,112348,112349,126063,126064,143392,143393,166152,166153,185372,185373,193492]},{"display_name":"JPMorgan Chase Bank, N.A.","detail":"credit_facility","count":2,"first_seen":"2023-12-14T23:59:59+00:00","last_seen":"2024-01-03T23:59:59+00:00","evidence_fact_ids":[84239,88481]},{"display_name":"JPMorgan Chase Bank, N.A., as Administrative Agent, the Non-Conduit Purchasers, the CP Conduit Purchasers, the Committed Note Purchasers, the APA Banks and the Funding Agents named therein, and The Bank of New York Mellon Trust Company, N.A.","detail":"notes_offering","count":2,"first_seen":"2023-04-04T23:59:59+00:00","last_seen":"2023-04-04T23:59:59+00:00","evidence_fact_ids":[167312,167313]},{"display_name":"SRS Investment Management, LLC and certain of its affiliates","detail":"other","count":1,"first_seen":"2022-12-27T23:59:59+00:00","last_seen":"2022-12-27T23:59:59+00:00","evidence_fact_ids":[189054]}],"lender":[{"display_name":"The Bank of New York Mellon Trust Company, N.A.","detail":"senior_notes","count":16,"first_seen":"2023-01-20T23:59:59+00:00","last_seen":"2026-01-05T23:59:59+00:00","evidence_fact_ids":[35829,40970,45980,66620,66621,81005,81006,81007,81008,112350,112351,112352,112353,112354,185376,185377]},{"display_name":"JPMorgan Chase Bank, 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respectively","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-26-001753","anchor_url":"https://secwatch.observer/filing/0000950142-26-001753#claim-4f95d1c57b006ff73782929760b0c402cef791ee","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226001753/0000950142-26-001753-index.htm"},{"fact_type":"material_agreement","fact_key":"d09be55c9eacc931b53d4e63403ea9e8bb136d1a","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-06-12T20:05:27+00:00","payload":{"action":"entry","agreement_name":"Series 2026-4 Supplement","agreement_type":"notes_offering","counterparty":"The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-4 Agent","effective_date":"2026-06-09","item_codes_triggered":["1.01"],"value_text":null},"claim":"AVIS BUDGET GROUP, INC. entered into Series 2026-4 Supplement with The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-4 Agent (effective 2026-06-09).","evidence_excerpt":"the Series 2026-4 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-4 Agent (the “Series 2026-4 Supplement”), to the Base Indenture","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-26-001753","anchor_url":"https://secwatch.observer/filing/0000950142-26-001753#claim-d09be55c9eacc931b53d4e63403ea9e8bb136d1a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226001753/0000950142-26-001753-index.htm"},{"fact_type":"material_agreement","fact_key":"d33009ee8c8d804f1fa4ead980ca3a9cec07955a","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-06-12T20:05:27+00:00","payload":{"action":"entry","agreement_name":"Series 2026-3 Supplement","agreement_type":"notes_offering","counterparty":"The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-3 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Vice President and Chief Accounting Officer until June 14, 2026.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-26-001547","anchor_url":"https://secwatch.observer/filing/0000950142-26-001547#claim-d41ac2b3e8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226001547/0000950142-26-001547-index.htm"},{"fact_type":"executive_change","fact_key":"76b9961972","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-05-29T20:15:17+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2026-06-15","interim":false,"role":"Vice President and Chief Accounting Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Tina Goldenberg was appointed as Vice President and Chief Accounting Officer at AVIS BUDGET GROUP, INC..","evidence_excerpt":"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.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-26-001547","anchor_url":"https://secwatch.observer/filing/0000950142-26-001547#claim-76b9961972","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226001547/0000950142-26-001547-index.htm"},{"fact_type":"shareholder_vote","fact_key":"99858c3d52d15f2a45973536f367432b01724830","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-05-21T20:10:23+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-20","outcome":"failed","proposal_text":"Shareholder Proposal Regarding Governance by Majority Voting and Meeting Adjournment","proposal_type":"other","results":[{"broker_non_votes":"1,442,067","subject":null,"votes_abstain":"22,745","votes_against":"24,142,655","votes_for":"2,792,010","votes_withheld":null}]},"claim":"AVIS BUDGET GROUP, INC. shareholders rejected Shareholder Proposal Regarding Governance by Majority Voting and Meeting Adjournment at the 2026-05-20 meeting.","evidence_excerpt":"Proposal No. 4. Shareholder Proposal Regarding Governance by Majority Voting and Meeting Adjournment. The shareholder proposal to approve, on an advisory basis, a request that the Company’s Board of Directors take each step necessary so that each voting requirement in the Company’s charter and bylaws that calls for a greater than simple majority vote be replaced by the applicable majority vote standard and to adjourn the applicable shareholder meeting, for up to 2 weeks, if the proposal fails to obtain the required 80% shareholder approval vote on the date of such meeting, was not approved, and received the following votes:","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-26-001467","anchor_url":"https://secwatch.observer/filing/0000950142-26-001467#claim-99858c3d52d15f2a45973536f367432b01724830","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226001467/0000950142-26-001467-index.htm"},{"fact_type":"shareholder_vote","fact_key":"4f2dec987d1c34dbf408b8d60101365eda13c411","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-05-21T20:10:23+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-20","outcome":"passed","proposal_text":"Advisory Approval of the Compensation of the Company’s Named Executive Officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"1,442,067","subject":null,"votes_abstain":"16,654","votes_against":"323,061","votes_for":"26,617,695","votes_withheld":null}]},"claim":"AVIS BUDGET GROUP, INC. shareholders approved Advisory Approval of the Compensation of the Company’s Named Executive Officers at the 2026-05-20 meeting.","evidence_excerpt":"Proposal No. 3. Advisory Approval of the Compensation of the Company’s Named Executive Officers. The proposal to approve, on an advisory basis, the compensation of the Company’s named executive officers, as described in the Company’s 2026 proxy statement, was approved by the following votes:","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-26-001467","anchor_url":"https://secwatch.observer/filing/0000950142-26-001467#claim-4f2dec987d1c34dbf408b8d60101365eda13c411","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226001467/0000950142-26-001467-index.htm"},{"fact_type":"shareholder_vote","fact_key":"73c4efb2b740e0de2c15e3b57d9b64da2a2bf0bc","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-05-21T20:10:23+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-20","outcome":"passed","proposal_text":"Ratification of Appointment of Auditors","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"16,590","votes_against":"181,866","votes_for":"28,201,021","votes_withheld":null}]},"claim":"AVIS BUDGET GROUP, INC. shareholders approved Ratification of Appointment of Auditors at the 2026-05-20 meeting.","evidence_excerpt":"Proposal No. 2. Ratification of Appointment of Auditors. The proposal to ratify the appointment of Deloitte & Touche LLP to serve as the Company’s independent registered public accounting firm for fiscal year 2026 was approved by the following votes:","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-26-001467","anchor_url":"https://secwatch.observer/filing/0000950142-26-001467#claim-73c4efb2b740e0de2c15e3b57d9b64da2a2bf0bc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226001467/0000950142-26-001467-index.htm"},{"fact_type":"shareholder_vote","fact_key":"17b00b16a9cac3edf3aef22d7daa164eaa229cbb","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-05-21T20:10:23+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-20","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":"1,442,067","subject":"Jagdeep Pahwa","votes_abstain":"8,102","votes_against":null,"votes_for":"26,842,853","votes_withheld":null},{"broker_non_votes":"1,442,067","subject":"Anu Hariharan","votes_abstain":"8,893","votes_against":null,"votes_for":"26,905,610","votes_withheld":null},{"broker_non_votes":"1,442,067","subject":"Bernardo Hees","votes_abstain":"8,852","votes_against":null,"votes_for":"26,837,520","votes_withheld":null},{"broker_non_votes":"1,442,067","subject":"Lynn Krominga","votes_abstain":"9,078","votes_against":null,"votes_for":"26,629,099","votes_withheld":null},{"broker_non_votes":"1,442,067","subject":"Glenn Lurie","votes_abstain":"9,062","votes_against":null,"votes_for":"26,915,791","votes_withheld":null},{"broker_non_votes":"1,442,067","subject":"Karthik Sarma","votes_abstain":"9,059","votes_against":null,"votes_for":"26,842,520","votes_withheld":null}]},"claim":"AVIS BUDGET GROUP, INC. shareholders approved Election of Directors at the 2026-05-20 meeting.","evidence_excerpt":"Proposal No. 1. Election of Directors. The six nominees named in the Company’s 2026 proxy statement were elected as directors to serve a one-year term expiring in 2027 and until their successors are duly elected and qualified or until their earlier resignation or removal, based upon the following votes:","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-26-001467","anchor_url":"https://secwatch.observer/filing/0000950142-26-001467#claim-17b00b16a9cac3edf3aef22d7daa164eaa229cbb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226001467/0000950142-26-001467-index.htm"},{"fact_type":"debt_financing","fact_key":"969fc481a6bf80b6071e224270f7f4759b1252ab","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-05-05T23:59:59+00:00","payload":{"counterparty":null,"effective_date":"2026-04-30","event":"amendment","instrument_type":"senior_notes","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"two-year 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(effective 2026-03-11).","evidence_excerpt":"the Series 2026-2 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-2 Agent (the “Series 2026-2 Supplement”)","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-26-000719","anchor_url":"https://secwatch.observer/filing/0000950142-26-000719#claim-e7c5f7453d92d45c2731d406c46f19b647b44fb8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226000719/0000950142-26-000719-index.htm"},{"fact_type":"material_agreement","fact_key":"bb28c9d0da4673ad5c6b96734952705f76a4d36d","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-03-13T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Series 2026-1 Supplement","agreement_type":"notes_offering","counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2026-03-11","item_codes_triggered":["1.01"],"value_text":null},"claim":"AVIS BUDGET GROUP, INC. entered into Series 2026-1 Supplement with The Bank of New York Mellon Trust Company, N.A. (effective 2026-03-11).","evidence_excerpt":"the Series 2026-1 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-1 Agent (the “Series 2026-1 Supplement”)","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-26-000719","anchor_url":"https://secwatch.observer/filing/0000950142-26-000719#claim-bb28c9d0da4673ad5c6b96734952705f76a4d36d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226000719/0000950142-26-000719-index.htm"},{"fact_type":"material_agreement","fact_key":"5ea0f4e505808d0fc4d838c31d89ffb214c3e32a","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-01-05T23:59:59+00:00","payload":{"action":"termination","agreement_name":null,"agreement_type":"credit_facility","counterparty":null,"effective_date":"2025-12-31","item_codes_triggered":["1.01","1.02"],"value_text":"$965 million"},"claim":"AVIS BUDGET GROUP, INC. terminated a credit facility valued at $965 million (effective 2025-12-31).","evidence_excerpt":"on December 31, 2025, we repaid an aggregate amount of $965 million of notes issued by our Avis Budget Rental Car Funding (AESOP) LLC subsidiary pursuant to certain asset-backed variable funding financing facilities","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-26-000034","anchor_url":"https://secwatch.observer/filing/0000950142-26-000034#claim-5ea0f4e505808d0fc4d838c31d89ffb214c3e32a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226000034/0000950142-26-000034-index.htm"},{"fact_type":"material_agreement","fact_key":"47a39359ec2ef78b072ef15de2558389bcba12d3","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-01-05T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Series 2025-1 Supplement","agreement_type":"notes_offering","counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2025-12-30","item_codes_triggered":["1.01"],"value_text":"$965 million"},"claim":"AVIS BUDGET GROUP, INC. entered into Series 2025-1 Supplement with The Bank of New York Mellon Trust Company, N.A. valued at $965 million (effective 2025-12-30).","evidence_excerpt":"The notes were issued under the Series 2025-1 Supplement, dated as of the\nClosing Date, between Interpace Funding and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”) and","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-26-000034","anchor_url":"https://secwatch.observer/filing/0000950142-26-000034#claim-47a39359ec2ef78b072ef15de2558389bcba12d3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226000034/0000950142-26-000034-index.htm"},{"fact_type":"debt_financing","fact_key":"c5c77ad20f4051299ae149ff6ea9f16c4865ef91","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-01-05T23:59:59+00:00","payload":{"counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2025-12-30","event":"incurrence","instrument_type":"credit_facility","interest_rate_text":"floating rate Class A Notes, 5.65% Class B Notes and 7.35% Class C Notes","item_codes_triggered":["2.03"],"maturity_text":"June 20, 2028","principal_text":"$965 million"},"claim":"AVIS BUDGET GROUP, INC. incurred credit facility of $965 million with The Bank of New York Mellon Trust Company, N.A. at floating rate Class A Notes, 5.65% Class B Notes and 7.35% Class C Notes maturing June 20, 2028.","evidence_excerpt":"On December 30, 2025 (the “Closing Date”), our Interpace Funding LLC subsidiary (“Interpace Funding”) issued $965 million of alternative funding asset-backed securities with a targeted two-year term and a maturity date of June 20, 2028, comprised of approximately $844 million of floating rate Class A Notes, $44 million of 5.65% Class B Notes and $77 million of 7.35% Class C Notes.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-26-000034","anchor_url":"https://secwatch.observer/filing/0000950142-26-000034#claim-c5c77ad20f4051299ae149ff6ea9f16c4865ef91","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226000034/0000950142-26-000034-index.htm"},{"fact_type":"debt_financing","fact_key":"9336b65d15597ecd53405550cdd4694d59182015","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2025-09-19T23:59:59+00:00","payload":{"counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2025-09-16","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"three years and five years, respectively","principal_text":"$793.2 million"},"claim":"AVIS BUDGET GROUP, INC. incurred senior notes of $793.2 million with The Bank of New York Mellon Trust Company, N.A. maturing three years and five years, respectively.","evidence_excerpt":"On September 16, 2025 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $793.2 million of asset-backed securities with a maturity of three years and five years, respectively, comprised of $199.0 million aggregate principal amount of Series 2025-3 4.17%, Class A notes, $29.75 million aggregate principal amount of Series 2025-3 4.46%, Class B notes, $21.25 million aggregate principal amount of Series 2025-3 4.95%, Class C notes and $33.29 million aggregate principal amount of Series 2025-3 6.42%, Class D notes, as well as $358.2 million aggregate principal amount of Series 2025-4 4.40%, Class A notes, $53.55 million aggregate principal amount of Series 2025-4 4.77%, Class B notes, $38.25 million aggregate principal amount of Series 2025-4 5.26%, Class C notes and $59.92 million aggregate principal amount of Series 2025-4 6.72%, Class D notes.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-25-002473","anchor_url":"https://secwatch.observer/filing/0000950142-25-002473#claim-9336b65d15597ecd53405550cdd4694d59182015","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014225002473/0000950142-25-002473-index.htm"},{"fact_type":"debt_financing","fact_key":"cec9f1390760e66c69332d9ef0e97464cb4f0111","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2025-07-21T23:59:59+00:00","payload":{"counterparty":"JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto","effective_date":"2025-07-16","event":"amendment","instrument_type":"credit_facility","interest_rate_text":"secure overnight financing rate plus a margin of 2.50% per annum or an alternate","item_codes_triggered":["2.03"],"maturity_text":"July 16, 2032","principal_text":"$1,148,846,850"},"claim":"AVIS BUDGET GROUP, INC. amended credit facility of $1,148,846,850 with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto at secure overnight financing rate plus a margin of 2.50% per annum or an alternate maturing July 16, 2032.","evidence_excerpt":"Agreement”). On the Closing Date, pursuant to the\nTenth Amendment, the Borrower refinanced the existing tranche B term loans under the Sixth A&R Credit Agreement (of which $1,148,846,850 was outstanding immediately prior to the Closing Date) with repriced $1,148,846,850 tranche B term loans (the “New\nTranche B Term Loans”). The New Tranche B Term Loans will mature","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-25-001969","anchor_url":"https://secwatch.observer/filing/0000950142-25-001969#claim-cec9f1390760e66c69332d9ef0e97464cb4f0111","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014225001969/0000950142-25-001969-index.htm"},{"fact_type":"executive_change","fact_key":"6c6825d7ac","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2025-06-09T23:59:59+00:00","payload":{"action":"will become","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-07-01","interim":false,"role":"Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Daniel Cunha was appointed as Chief Financial Officer at AVIS BUDGET GROUP, INC..","evidence_excerpt":"Daniel Cunha will become Chief Financial Officer of the Company, effective July 1, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-25-001591","anchor_url":"https://secwatch.observer/filing/0000950142-25-001591#claim-6c6825d7ac","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014225001591/0000950142-25-001591-index.htm"},{"fact_type":"debt_financing","fact_key":"fa18dd2a1b5e02dd21ffd0ba615aefa6a1e6cc5f","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2025-06-02T23:59:59+00:00","payload":{"counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2025-05-28","event":"incurrence","instrument_type":"other","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"three years and five years, respectively","principal_text":"$736.5 million of asset-backed securities"},"claim":"AVIS BUDGET GROUP, INC. incurred debt of $736.5 million of asset-backed securities with The Bank of New York Mellon Trust Company, N.A. maturing three years and five years, respectively.","evidence_excerpt":"On May 28, 2025 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $736.5 million of asset-backed securities with a maturity of three years and five years, respectively","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-25-001547","anchor_url":"https://secwatch.observer/filing/0000950142-25-001547#claim-fa18dd2a1b5e02dd21ffd0ba615aefa6a1e6cc5f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014225001547/0000950142-25-001547-index.htm"},{"fact_type":"debt_financing","fact_key":"b84e6423a870f21ca5c6529743a64f62cd75f30a","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2025-02-11T23:59:59+00:00","payload":{"counterparty":"JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party 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$500,000,000","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-25-024344","anchor_url":"https://secwatch.observer/filing/0001193125-25-024344#claim-b84e6423a870f21ca5c6529743a64f62cd75f30a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000119312525024344/0001193125-25-024344-index.htm"},{"fact_type":"executive_change","fact_key":"1c757e6c9c","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2025-02-11T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-03-01","interim":false,"role":"Executive Chairman","role_category":"chair","successor_name":null,"successor_named":false},"claim":"Jagdeep Pahwa was appointed as Executive Chairman at AVIS BUDGET GROUP, INC..","evidence_excerpt":"The Board also appointed Jagdeep Pahwa, the Company's current Board Chairman, as Executive Chairman, effective March 1, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000723612-25-000002","anchor_url":"https://secwatch.observer/filing/0000723612-25-000002#claim-1c757e6c9c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000072361225000002/0000723612-25-000002-index.htm"},{"fact_type":"executive_change","fact_key":"fcaefb4f01","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2025-02-11T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-07-01","interim":false,"role":"Chief Executive Officer","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Brian J. Choi was appointed as Chief Executive Officer at AVIS BUDGET GROUP, INC..","evidence_excerpt":"the Board of Directors (the \"Board\") of the Company appointed Brian J. Choi, who has been serving as Chief Transformation Officer, as the Company's Chief Executive Officer (\"CEO\"), effective July 1, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000723612-25-000002","anchor_url":"https://secwatch.observer/filing/0000723612-25-000002#claim-fcaefb4f01","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000072361225000002/0000723612-25-000002-index.htm"},{"fact_type":"executive_change","fact_key":"04afef91ed","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2025-02-11T23:59:59+00:00","payload":{"action":"transition to a Board Advisor role","action_category":"role_change","departure_tone":"not_applicable","effective_date":"2025-06-30","interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":"Brian J. Choi","successor_named":true},"claim":"Joseph A. Ferraro changed role as President and Chief Executive Officer at AVIS BUDGET GROUP, INC..","evidence_excerpt":"On February 11, 2025, we announced that Joseph A. Ferraro, President and Chief Executive Officer, will transition to a Board Advisor role effective June 30, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000723612-25-000002","anchor_url":"https://secwatch.observer/filing/0000723612-25-000002#claim-04afef91ed","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000072361225000002/0000723612-25-000002-index.htm"},{"fact_type":"earnings_release","fact_key":"6f26d2b3e2f516ca53c9d1a79fc64db42a9d50e8","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-05-01T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$113 million","period_text":"first quarter 2024","report_date":"2024-05-01","result_type":"reported_results","revenue_text":"$2.6 billion"},"claim":"AVIS BUDGET GROUP, INC. reported first quarter 2024 results: revenue $2.6 billion, net income $113 million.","evidence_excerpt":"Results PARSIPPANY, N.J., May 1, 2024 - Avis Budget Group, Inc. ( NASDAQ: CAR ) announced financial results for first quarter 2024 today. We ended the quarter with revenues of $2.6 billion, driven by strong travel demand. Net loss was $113 million and our Adjusted EBITDA 1 was $12 million. Our liquidity position at the end of the quarter was approximately $0.7","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000723612-24-000030","anchor_url":"https://secwatch.observer/filing/0000723612-24-000030#claim-6f26d2b3e2f516ca53c9d1a79fc64db42a9d50e8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000072361224000030/0000723612-24-000030-index.htm"},{"fact_type":"debt_financing","fact_key":"5ef90f5a417a2244e162a0a5ff94f8e3a3c09b99","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-03-18T23:59:59+00:00","payload":{"counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2024-03-12","event":"incurrence","instrument_type":"other","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"five years","principal_text":"$700 million"},"claim":"AVIS BUDGET GROUP, INC. incurred debt of $700 million with The Bank of New York Mellon Trust Company, N.A. maturing five years.","evidence_excerpt":"On the Closing Date, ABRCF also issued $700 million of asset-backed securities with a maturity of five years","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-24-000731","anchor_url":"https://secwatch.observer/filing/0000950142-24-000731#claim-5ef90f5a417a2244e162a0a5ff94f8e3a3c09b99","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000731/0000950142-24-000731-index.htm"},{"fact_type":"debt_financing","fact_key":"409399ab1ec8807bb2bcf8690c2c0dd5d68990ab","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-03-18T23:59:59+00:00","payload":{"counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2024-03-12","event":"incurrence","instrument_type":"other","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"three years","principal_text":"$400 million"},"claim":"AVIS BUDGET GROUP, INC. incurred debt of $400 million with The Bank of New York Mellon Trust Company, N.A. maturing three years.","evidence_excerpt":"On March 12, 2024 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $400 million of asset-backed securities with a maturity of three years","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-24-000731","anchor_url":"https://secwatch.observer/filing/0000950142-24-000731#claim-409399ab1ec8807bb2bcf8690c2c0dd5d68990ab","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000731/0000950142-24-000731-index.htm"},{"fact_type":"material_agreement","fact_key":"2d54c692cad71544632fa002791a3af033d08b4f","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-03-18T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Series 2024-3 Supplement","agreement_type":"notes_offering","counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2024-03-12","item_codes_triggered":["1.01"],"value_text":"$700 million"},"claim":"AVIS BUDGET GROUP, INC. entered into Series 2024-3 Supplement with The Bank of New York Mellon Trust Company, N.A. valued at $700 million (effective 2024-03-12).","evidence_excerpt":"etween ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2024-2 Agent (the “Series 2024-2 Supplement”),","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-24-000731","anchor_url":"https://secwatch.observer/filing/0000950142-24-000731#claim-2d54c692cad71544632fa002791a3af033d08b4f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000731/0000950142-24-000731-index.htm"},{"fact_type":"material_agreement","fact_key":"0fcce6a31840ab470e238a7333a5674fd781809c","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-03-18T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Series 2024-2 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(effective 2024-03-04).","evidence_excerpt":"On March 4, 2024 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) completed an amendment and restatement of its asset-backed variable-funding financing facilities, which provide a portion of the financing for our car rental fleet in the United States.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-24-000655","anchor_url":"https://secwatch.observer/filing/0000950142-24-000655#claim-d1c7b05c76be79f6e4dc78a7983598c52026ef17","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000655/0000950142-24-000655-index.htm"},{"fact_type":"material_agreement","fact_key":"00435a43c22339e6912630e19e8ea6970a169828","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-03-08T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Sixth Amended and Restated Series 2010-6 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the Company. Net income was $1.6 billion and Adjusted EBITDA was $2.5 billion, both second highest full year records for the Company.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000723612-24-000004","anchor_url":"https://secwatch.observer/filing/0000723612-24-000004#claim-7b489101944dc946bd87dcee764350f7f5886775","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000072361224000004/0000723612-24-000004-index.htm"},{"fact_type":"earnings_release","fact_key":"178fff34533844e024f7b10ac87d8692dae6e878","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-02-12T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$260 million","period_text":"the fourth quarter ended December 31, 2023","report_date":"2024-02-12","result_type":"reported_results","revenue_text":"$2.8 billion"},"claim":"AVIS BUDGET GROUP, INC. reported the fourth quarter ended December 31, 2023 results: revenue $2.8 billion, net income $260 million.","evidence_excerpt":"We ended 2023 with fourth quarter revenues of $2.8 billion, driven by strong demand. Net income was $260 million and Adjusted EBITDA 1 was $311 million.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000723612-24-000004","anchor_url":"https://secwatch.observer/filing/0000723612-24-000004#claim-178fff34533844e024f7b10ac87d8692dae6e878","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000072361224000004/0000723612-24-000004-index.htm"},{"fact_type":"debt_financing","fact_key":"a71ceb110f603ffcb47171f020b43a9ea6ca64f1","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-01-18T23:59:59+00:00","payload":{"counterparty":"unknown","effective_date":"2024-02-28","event":"amendment","instrument_type":"credit_facility","interest_rate_text":"not specified","item_codes_triggered":["2.03"],"maturity_text":"not specified","principal_text":"reduced by $400 million to $3.21 billion in the case of the Series 2010-6 Notes facility, and by $100 million to $279.3"},"claim":"AVIS BUDGET GROUP, INC. amended credit facility of reduced by $400 million to $3.21 billion in the case of the Series 2010-6 Notes facility, and by $100 million to $279.3 with unknown at not specified maturing not specified.","evidence_excerpt":"Pursuant to the amendments, the aggregate principal amounts of each facility will be reduced on February 28, 2024, by $400 million to $3.21 billion in the case of the Series 2010-6 Notes facility, and by $100 million to $279.3 million in the case of the Series 2015-3 facility.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-24-000165","anchor_url":"https://secwatch.observer/filing/0000950142-24-000165#claim-a71ceb110f603ffcb47171f020b43a9ea6ca64f1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000165/0000950142-24-000165-index.htm"},{"fact_type":"debt_financing","fact_key":"6e4ee0dc8df48f2552ad3ce2c07e5ae7ba8c5c7c","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-01-18T23:59:59+00:00","payload":{"counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2024-01-12","event":"incurrence","instrument_type":"other","interest_rate_text":"8.427%","item_codes_triggered":["2.03"],"maturity_text":"maturity of five years","principal_text":"$66 million"},"claim":"AVIS BUDGET GROUP, INC. incurred debt of $66 million with The Bank of New York Mellon Trust Company, N.A. at 8.427% maturing maturity of five years.","evidence_excerpt":"million\naggregate principal amount of Series 2024-1 5.85%, Class B notes and $97.8 million aggregate principal amount of Series 2024-1 6.48%,\nClass C notes. ABRCF also issued $66 million aggregate principal amount of Series 2024-1 8.427%, Class R notes, which are subordinated\nto the Class A notes, the Class B notes and the Class C notes and were issued to comply","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-24-000165","anchor_url":"https://secwatch.observer/filing/0000950142-24-000165#claim-6e4ee0dc8df48f2552ad3ce2c07e5ae7ba8c5c7c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000165/0000950142-24-000165-index.htm"},{"fact_type":"debt_financing","fact_key":"e8b079ba7d652607e1b3127b5adfc406e227c644","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-01-18T23:59:59+00:00","payload":{"counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2024-01-12","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":"6.48%","item_codes_triggered":["2.03"],"maturity_text":"maturity of five years","principal_text":"$97.8 million"},"claim":"AVIS BUDGET GROUP, INC. incurred senior notes of $97.8 million with The Bank of New York Mellon Trust Company, N.A. at 6.48% maturing maturity of five years.","evidence_excerpt":"On January 12, 2024 (the \"Closing Date\"), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (\"ABRCF\") issued $1.2 billion of asset-backed securities with a maturity of five years, comprised of $950.4 million aggregate principal amount of Series 2024-1 5.36%, Class A notes, $151.8 million aggregate principal amount of Series 2024-1 5.85%, Class B notes and $97.8 million aggregate principal amount of Series 2024-1 6.48%, Class C notes.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-24-000165","anchor_url":"https://secwatch.observer/filing/0000950142-24-000165#claim-e8b079ba7d652607e1b3127b5adfc406e227c644","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000165/0000950142-24-000165-index.htm"},{"fact_type":"debt_financing","fact_key":"beb1f5188ac995916dfb19e26a1584d380130b01","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-01-18T23:59:59+00:00","payload":{"counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2024-01-12","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":"5.85%","item_codes_triggered":["2.03"],"maturity_text":"maturity of five years","principal_text":"$151.8 million"},"claim":"AVIS BUDGET GROUP, INC. incurred senior notes of $151.8 million with The Bank of New York Mellon Trust Company, N.A. at 5.85% maturing maturity of five years.","evidence_excerpt":"On January 12, 2024 (the \"Closing Date\"), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (\"ABRCF\") issued $1.2 billion of asset-backed securities with a maturity of five years, comprised of $950.4 million aggregate principal amount of Series 2024-1 5.36%, Class A notes, $151.8 million aggregate principal amount of Series 2024-1 5.85%, Class B notes and $97.8 million aggregate principal amount of Series 2024-1 6.48%, Class C notes.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-24-000165","anchor_url":"https://secwatch.observer/filing/0000950142-24-000165#claim-beb1f5188ac995916dfb19e26a1584d380130b01","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000165/0000950142-24-000165-index.htm"},{"fact_type":"debt_financing","fact_key":"ac11321c36fb45543bdd4347ef3c406579b44c84","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-01-18T23:59:59+00:00","payload":{"counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2024-01-12","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":"5.36%","item_codes_triggered":["2.03"],"maturity_text":"maturity of five years","principal_text":"$950.4 million"},"claim":"AVIS BUDGET GROUP, INC. incurred senior notes of $950.4 million with The Bank of New York Mellon Trust Company, N.A. at 5.36% maturing maturity of five years.","evidence_excerpt":"On January 12, 2024 (the \"Closing Date\"), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (\"ABRCF\") issued $1.2 billion of asset-backed securities with a maturity of five years, comprised of $950.4 million aggregate principal amount of Series 2024-1 5.36%, Class A notes, $151.8 million aggregate principal amount of Series 2024-1 5.85%, Class B notes and $97.8 million aggregate principal amount of Series 2024-1 6.48%, Class C notes.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-24-000165","anchor_url":"https://secwatch.observer/filing/0000950142-24-000165#claim-ac11321c36fb45543bdd4347ef3c406579b44c84","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000165/0000950142-24-000165-index.htm"},{"fact_type":"material_agreement","fact_key":"50f7033749c9aa6f2a6ea76762d7fbee618370da","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-01-18T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Series 2024-1 Supplement","agreement_type":"notes_offering","counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2024-01-12","item_codes_triggered":["1.01","1.02"],"value_text":"$1.2 billion"},"claim":"AVIS BUDGET GROUP, INC. entered into Series 2024-1 Supplement with The Bank of New York Mellon Trust Company, N.A. valued at $1.2 billion (effective 2024-01-12).","evidence_excerpt":"The notes were issued under the Series 2024-1 Supplement, dated as of the\nClosing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2024-1 Agent (the “Series","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-24-000165","anchor_url":"https://secwatch.observer/filing/0000950142-24-000165#claim-50f7033749c9aa6f2a6ea76762d7fbee618370da","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000165/0000950142-24-000165-index.htm"},{"fact_type":"debt_financing","fact_key":"ed236da3ca92b3e5b57e144570d4296c79caaee5","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-01-03T23:59:59+00:00","payload":{"counterparty":"JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto","effective_date":"2023-12-27","event":"amendment","instrument_type":"revolving_credit","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"December 27, 2028","principal_text":null},"claim":"AVIS BUDGET GROUP, INC. amended revolving credit with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto maturing December 27, 2028.","evidence_excerpt":"extended the maturity of the Company’s revolving credit facility thereunder to December 27, 2028","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-24-000026","anchor_url":"https://secwatch.observer/filing/0000950142-24-000026#claim-ed236da3ca92b3e5b57e144570d4296c79caaee5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000026/0000950142-24-000026-index.htm"},{"fact_type":"material_agreement","fact_key":"71137d6ed0df28a3381f9c8fcbf383c092f5e429","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-01-03T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Seventh Amendment","agreement_type":"credit_facility","counterparty":"JPMorgan Chase Bank, N.A., as 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(the “Company”) and its subsidiaries, Avis Budget Holdings, LLC and Avis Budget Car Rental, LLC, as the Borrower (collectively, the “Avis Parties”), entered into the Seventh Amendment (the “Seventh Amendment”) to the Sixth Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto (the “Sixth A&R Credit Agreement”), which extended the maturity of the Company’s revolving credit facility thereunder to December 27, 2028.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-24-000026","anchor_url":"https://secwatch.observer/filing/0000950142-24-000026#claim-71137d6ed0df28a3381f9c8fcbf383c092f5e429","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000026/0000950142-24-000026-index.htm"},{"fact_type":"debt_financing","fact_key":"816b96faa348d707921f6659642d287aff04c718","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-12-14T23:59:59+00:00","payload":{"counterparty":"JPMorgan Chase Bank, N.A., as Administrative Agent","effective_date":"2023-12-08","event":"amendment","instrument_type":"credit_facility","interest_rate_text":"SOFR plus 3.00% per annum","item_codes_triggered":["2.03"],"maturity_text":"March 16, 2029","principal_text":"$538,750,000"},"claim":"AVIS BUDGET GROUP, INC. amended credit facility of $538,750,000 with JPMorgan Chase Bank, N.A., as Administrative Agent at SOFR plus 3.00% per annum maturing March 16, 2029.","evidence_excerpt":"ABCR refinanced the existing tranche C term loans (the “Existing Tranche C Term Loans”) under the Sixth A&R Credit Agreement ( of which approximately $738,750,000 was outstanding immediately prior to the Closing Date) with repriced $538,750,000 tranche C term loans (the “New Tranche C Term Loans”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-23-002963","anchor_url":"https://secwatch.observer/filing/0000950142-23-002963#claim-816b96faa348d707921f6659642d287aff04c718","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223002963/0000950142-23-002963-index.htm"},{"fact_type":"material_agreement","fact_key":"982c0808c42641d1144e3c26e392cb8a8fc38684","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-12-14T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Sixth Amendment","agreement_type":"credit_facility","counterparty":"JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto","effective_date":"2023-12-08","item_codes_triggered":["1.01"],"value_text":"$538,750,000"},"claim":"AVIS BUDGET GROUP, INC. amended Sixth Amendment with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto valued at $538,750,000 (effective 2023-12-08).","evidence_excerpt":"On December 8, 2023 (the “Closing Date”), Avis Budget Group, Inc. and its subsidiaries, Avis Budget Holdings, LLC and Avis Budget Car Rental, LLC (“ABCR”), as the Borrower (collectively, the “Avis Parties”), entered into the Sixth Amendment (the “Sixth Amendment”) to the Sixth Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto (the “Sixth A&R Credit Agreement”).","confidence":0.98,"filing_url":"https://secwatch.observer/filing/0000950142-23-002963","anchor_url":"https://secwatch.observer/filing/0000950142-23-002963#claim-982c0808c42641d1144e3c26e392cb8a8fc38684","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223002963/0000950142-23-002963-index.htm"},{"fact_type":"debt_financing","fact_key":"e8be0e4fe3b50808c4fe8a1082f0ed16e6bda27e","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-11-08T23:59:59+00:00","payload":{"counterparty":null,"effective_date":"2023-11-03","event":"amendment","instrument_type":"other","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":null,"principal_text":"increased from approximately $279.3 million to $379.3 million"},"claim":"AVIS BUDGET GROUP, INC. amended debt of increased from approximately $279.3 million to $379.3 million.","evidence_excerpt":"the aggregate amount of the Series 2015-3 Notes facility was increased from approximately $279.3 million to $379.3 million","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-002738","anchor_url":"https://secwatch.observer/filing/0000950142-23-002738#claim-e8be0e4fe3b50808c4fe8a1082f0ed16e6bda27e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223002738/0000950142-23-002738-index.htm"},{"fact_type":"debt_financing","fact_key":"85b3b9ba9b958c74f55e26ccbab0af6bcd3fc8f4","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-11-08T23:59:59+00:00","payload":{"counterparty":null,"effective_date":"2023-11-03","event":"amendment","instrument_type":"other","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":null,"principal_text":"increased from approximately $3.06 billion to $3.46 billion"},"claim":"AVIS BUDGET GROUP, INC. amended debt of increased from approximately $3.06 billion to $3.46 billion.","evidence_excerpt":"the aggregate amount of the Series 2010-6 Notes facility was increased from approximately $3.06 billion to $3.46 billion","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-002738","anchor_url":"https://secwatch.observer/filing/0000950142-23-002738#claim-85b3b9ba9b958c74f55e26ccbab0af6bcd3fc8f4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223002738/0000950142-23-002738-index.htm"},{"fact_type":"material_agreement","fact_key":"6d3de87d46a2d11c25272aa92ad5c7f2942eb4b7","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-11-08T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Third Amendment to the Third Amended and Restated Series 2015-3 Supplement","agreement_type":"credit_facility","counterparty":null,"effective_date":"2023-11-03","item_codes_triggered":["1.01"],"value_text":"increased from approximately $279.3 million to $379.3 million"},"claim":"AVIS BUDGET GROUP, INC. amended Third Amendment to the Third Amended and Restated Series 2015-3 Supplement valued at increased from approximately $279.3 million to $379.3 million (effective 2023-11-03).","evidence_excerpt":"on November 3, 2023 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) completed an amendment of its asset-backed variable-funding financing facilities","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-002738","anchor_url":"https://secwatch.observer/filing/0000950142-23-002738#claim-6d3de87d46a2d11c25272aa92ad5c7f2942eb4b7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223002738/0000950142-23-002738-index.htm"},{"fact_type":"material_agreement","fact_key":"a5c72f42f795df879b7f9981b4239a6fefe0f069","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-11-08T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Third Amendment to the Fifth Amended and Restated Series 2010-6 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facilities","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-002738","anchor_url":"https://secwatch.observer/filing/0000950142-23-002738#claim-a5c72f42f795df879b7f9981b4239a6fefe0f069","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223002738/0000950142-23-002738-index.htm"},{"fact_type":"executive_change","fact_key":"ca0e5dc1d4","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-11-01T23:59:59+00:00","payload":{"action":"assume","action_category":"appointment","departure_tone":"not_applicable","effective_date":null,"interim":false,"role":"Chairman of the Board","role_category":"chair","successor_name":null,"successor_named":false},"claim":"Jagdeep Pahwa was appointed as Chairman of the Board at AVIS BUDGET GROUP, INC..","evidence_excerpt":"Jagdeep Pahwa, currently Vice Chairman of the Board, will assume the role of Chairman of the Board","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-23-002708","anchor_url":"https://secwatch.observer/filing/0000950142-23-002708#claim-ca0e5dc1d4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223002708/0000950142-23-002708-index.htm"},{"fact_type":"executive_change","fact_key":"3359afeba8","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-11-01T23:59:59+00:00","payload":{"action":"resign","action_category":"role_change","departure_tone":"routine","effective_date":null,"interim":false,"role":"Executive Chairman","role_category":"chair","successor_name":"Jagdeep Pahwa","successor_named":true},"claim":"Bernardo Hees departed as Executive Chairman at AVIS BUDGET GROUP, INC..","evidence_excerpt":"Bernardo Hees will resign as Executive Chairman of the Board but continue to serve as a member of the 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Choi changed role as EVP & Chief Transformation Officer at AVIS BUDGET GROUP, INC..","evidence_excerpt":"Effective January 1, 2024, Mr. Choi will transition from the role of EVP & Chief Financial Officer and become the Company’s first EVP & Chief Transformation Officer.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-23-002708","anchor_url":"https://secwatch.observer/filing/0000950142-23-002708#claim-3622ba1ebf","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223002708/0000950142-23-002708-index.htm"},{"fact_type":"executive_change","fact_key":"4fa7d781b6","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-11-01T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-01-01","interim":false,"role":"EVP & Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Izzy Martins was appointed as EVP & Chief Financial Officer at AVIS BUDGET GROUP, INC..","evidence_excerpt":"Izzy Martins, currently serving as EVP Americas of the Company, will assume the role of EVP & Chief Financial Officer of the Company, effective January 1, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-23-002708","anchor_url":"https://secwatch.observer/filing/0000950142-23-002708#claim-4fa7d781b6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223002708/0000950142-23-002708-index.htm"},{"fact_type":"earnings_release","fact_key":"96c082f55d9b104352f95bda5a96177427c2908e","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-11-01T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$627 million","period_text":"third quarter 2023","report_date":"2023-11-01","result_type":"reported_results","revenue_text":"$3.6 billion"},"claim":"AVIS BUDGET GROUP, INC. reported third quarter 2023 results: revenue $3.6 billion, net income $627 million.","evidence_excerpt":"PARSIPPANY, N.J., November 1, 2023 - Avis Budget Group, Inc. ( NASDAQ: CAR ) announced financial results for third quarter 2023 today. We ended the quarter with revenues of $3.6 billion, driven by peak demand and seasonal revenue per day increases. Net income was $627 million and our Adjusted EBITDA 1 was $907 million. Our liquidity position at the end of the","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000723612-23-000051","anchor_url":"https://secwatch.observer/filing/0000723612-23-000051#claim-96c082f55d9b104352f95bda5a96177427c2908e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000072361223000051/0000723612-23-000051-index.htm"},{"fact_type":"debt_financing","fact_key":"b24aba59e6d581bb10094750c2eb0fffe60ddb2a","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-09-21T23:59:59+00:00","payload":{"counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2023-09-18","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":"6.66%","item_codes_triggered":["2.03"],"maturity_text":"five years","principal_text":"$88.6 million"},"claim":"AVIS BUDGET GROUP, INC. incurred senior notes of $88.6 million with The Bank of New York Mellon Trust Company, N.A. at 6.66% maturing five 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incurred senior notes of $554.4 million with The Bank of New York Mellon Trust Company, N.A. at 6.02% maturing five years.","evidence_excerpt":"issued $700 million of asset-backed securities with a maturity of five years, comprised of $554.4 million aggregate principal amount of Series 2023-8 6.02%, Class A notes","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-002455","anchor_url":"https://secwatch.observer/filing/0000950142-23-002455#claim-59a076600c9c1e2e25678d587819f5e630c7ff8d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223002455/0000950142-23-002455-index.htm"},{"fact_type":"debt_financing","fact_key":"350320ae53bdc64fd11c251276f15f7eab4f94f0","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-09-21T23:59:59+00:00","payload":{"counterparty":"The Bank of New York Mellon Trust Company, 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$300 million of asset-backed securities with a maturity of three years, comprised of $237.6 million aggregate principal amount of Series 2023-7 5.90%, Class A notes","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-002455","anchor_url":"https://secwatch.observer/filing/0000950142-23-002455#claim-98e0797a3c3a9dc818509e00e69a9e6290d04859","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223002455/0000950142-23-002455-index.htm"},{"fact_type":"material_agreement","fact_key":"d6b9209c30d533bd9a30ecb10174d74c93c9fdd6","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-09-21T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Series 2023-8 Supplement to the Second Amended and Restated Base Indenture","agreement_type":"notes_offering","counterparty":"The Bank of New York Mellon Trust Company, N.A.","effective_date":"2023-09-18","item_codes_triggered":["1.01"],"value_text":"$700 million of 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with The Bank of New York Mellon Trust Company, N.A. valued at $300 million of asset-backed securities (Series 2023-7) (effective 2023-09-18).","evidence_excerpt":"On September 18, 2023 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $300 million of asset-backed securities with a maturity of three years, comprised of $237.6 million aggregate principal amount of Series 2023-7 5.90%, Class A notes, $38 million aggregate principal amount of Series 2023-7 6.44%, Class B notes and $24.5 million aggregate principal amount of Series 2023-7 7.41%, Class C 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revenue per day increase. Net income was $436 million and our Adjusted EBITDA 1 was $737 million.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000723612-23-000042","anchor_url":"https://secwatch.observer/filing/0000723612-23-000042#claim-b9e3628fe47ff4b9f1263b87649365173a368670","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000072361223000042/0000723612-23-000042-index.htm"},{"fact_type":"debt_financing","fact_key":"263b8380ce091f61e3b9608dd9646387f53b520c","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-06-06T23:59:59+00:00","payload":{"counterparty":null,"effective_date":"2023-06-01","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"five years","principal_text":"$526 million"},"claim":"AVIS BUDGET GROUP, INC. incurred senior notes of $526 million maturing five years.","evidence_excerpt":"On the Closing Date, ABRCF also issued $526 million of asset-backed securities with a maturity of five years, comprised of $416.6 million aggregate principal amount of Series 2023-6 5.81%, Class A notes, $66.5 million aggregate principal amount of Series 2023-6 6.40%, Class B notes and $42.9 million aggregate principal amount of Series 2023-6 7.03%, Class C notes.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-001614","anchor_url":"https://secwatch.observer/filing/0000950142-23-001614#claim-263b8380ce091f61e3b9608dd9646387f53b520c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001614/0000950142-23-001614-index.htm"},{"fact_type":"debt_financing","fact_key":"c57ad978d55123d538e7755b4002b1c505363a51","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-06-06T23:59:59+00:00","payload":{"counterparty":null,"effective_date":"2023-06-01","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"three years","principal_text":"$476 million"},"claim":"AVIS BUDGET GROUP, INC. incurred senior notes of $476 million maturing three years.","evidence_excerpt":"On June 1, 2023 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $476 million of asset-backed securities with a maturity of three years, comprised of $377 million aggregate principal amount of Series 2023-5 5.78%, Class A notes, $60.2 million aggregate principal amount of Series 2023-5 6.12%, Class B notes and $38.8 million aggregate principal amount of Series 2023-5 6.85%, Class C notes.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-001614","anchor_url":"https://secwatch.observer/filing/0000950142-23-001614#claim-c57ad978d55123d538e7755b4002b1c505363a51","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001614/0000950142-23-001614-index.htm"},{"fact_type":"material_agreement","fact_key":"8464fd625283186b63fbe84896a47555b8ad280e","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-06-06T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Series 2023-6 Supplement","agreement_type":"notes_offering","counterparty":"The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2023-6 Agent","effective_date":"2023-06-01","item_codes_triggered":["1.01"],"value_text":"$526 million"},"claim":"AVIS BUDGET GROUP, INC. entered into Series 2023-6 Supplement with The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2023-6 Agent valued at $526 million (effective 2023-06-01).","evidence_excerpt":"On the Closing Date, ABRCF also issued $526 million of asset-backed securities with a maturity of five years, comprised of $416.6 million aggregate principal amount of Series 2023-6 5.81%, Class A notes, $66.5 million aggregate principal amount of Series 2023-6 6.40%, Class B notes and $42.9 million aggregate principal amount of Series 2023-6 7.03%, Class C notes. ABRCF also issued $29 million aggregate principal amount of Series 2023-6 8.969%, Class R notes, which are subordinated to the Class A notes, the Class B notes and the Class C notes and were issued to comply with applicable U.S. risk retention rules. The Class R notes are held by our AESOP Leasing L.P. subsidiary. The notes were issued under the Series 2023-6 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2023-6 Agent (the “Series 2023-6 Supplement”), to the Base Indenture.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-001614","anchor_url":"https://secwatch.observer/filing/0000950142-23-001614#claim-8464fd625283186b63fbe84896a47555b8ad280e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001614/0000950142-23-001614-index.htm"},{"fact_type":"material_agreement","fact_key":"b4af370bb7abc53ed22b3f6f5859be7c4154c4fe","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-06-06T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Series 2023-5 Supplement","agreement_type":"notes_offering","counterparty":"The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2023-5 Agent","effective_date":"2023-06-01","item_codes_triggered":["1.01"],"value_text":"$476 million"},"claim":"AVIS BUDGET GROUP, INC. entered into Series 2023-5 Supplement with The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2023-5 Agent valued at $476 million (effective 2023-06-01).","evidence_excerpt":"On June 1, 2023 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $476 million of asset-backed securities with a maturity of three years, comprised of $377 million aggregate principal amount of Series 2023-5 5.78%, Class A notes, $60.2 million aggregate principal amount of Series 2023-5 6.12%, Class B notes and $38.8 million aggregate principal amount of Series 2023-5 6.85%, Class C notes. ABRCF also issued $26.2 million aggregate principal amount of Series 2023-5 8.768%, Class R notes, which are subordinated to the Class A notes, the Class B notes and the Class C notes and were issued to comply with applicable U.S. risk retention rules. The Class R notes are held by our AESOP Leasing L.P. subsidiary. The notes were issued under the Series 2023-5 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2023-5 Agent (the “Series 2023-5 Supplement”), to the Second Amen","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-001614","anchor_url":"https://secwatch.observer/filing/0000950142-23-001614#claim-b4af370bb7abc53ed22b3f6f5859be7c4154c4fe","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001614/0000950142-23-001614-index.htm"},{"fact_type":"shareholder_vote","fact_key":"3749c49ca518baa60bbb09ab04a0d0d433e08c1b","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-05-26T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-24","outcome":"unknown","proposal_text":"Advisory Vote on the Frequency of the Advisory Vote on Executive 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2,563,570","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-001545","anchor_url":"https://secwatch.observer/filing/0000950142-23-001545#claim-3749c49ca518baa60bbb09ab04a0d0d433e08c1b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001545/0000950142-23-001545-index.htm"},{"fact_type":"shareholder_vote","fact_key":"cedc8d05cf7195dd3b6feb80705307135cb1880f","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-05-26T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-24","outcome":"passed","proposal_text":"Advisory Approval of the Compensation of our Named Executive Officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"2,563,570","subject":null,"votes_abstain":"40,982","votes_against":"2,401,155","votes_for":"31,331,350","votes_withheld":null}]},"claim":"AVIS BUDGET GROUP, INC. shareholders approved Advisory Approval of the Compensation of our Named Executive Officers at the 2023-05-24 meeting.","evidence_excerpt":"Advisory Approval of the Compensation of our Named Executive Officers : The proposal to approve, on an advisory basis, the compensation of the Company’s named executive officers, as described in the Company’s 2023 proxy statement, was approved by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 31,331,350 2,401,155 40,982 2,563,570","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-001545","anchor_url":"https://secwatch.observer/filing/0000950142-23-001545#claim-cedc8d05cf7195dd3b6feb80705307135cb1880f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001545/0000950142-23-001545-index.htm"},{"fact_type":"shareholder_vote","fact_key":"18c4ed0e19e8a7698fc1bf2cb23ed1252d98f8d1","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, 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in 2024 and until their successors are duly elected and qualified or until their earlier resignation or removal, based upon the following votes: Director Nominee Votes For Votes Against Abstentions Broker Non-Votes Bernardo Hees 32,466,737 1,291,802 14,948 2,563,570 Jagdeep Pahwa 32,523,293 1,208,615 41,579 2,563,570 Anu Hariharan 27,808,505 5,924,095 40,887 2,563,570 Lynn Krominga 27,164,728 6,593,490 15,269 2,563,570 Glenn Lurie 26,857,658 6,900,248 15,581 2,563,570 Karthik Sarma 33,216,637 541,818 15,032 2,563,570","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-001545","anchor_url":"https://secwatch.observer/filing/0000950142-23-001545#claim-af0f6aa98b62926c8752bbf4d902f469540e9573","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001545/0000950142-23-001545-index.htm"},{"fact_type":"earnings_release","fact_key":"57589d3e34b83d46cbb619a3f3d63bb51ac999aa","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, 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“Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $450 million of asset-backed securities with a maturity of three years, comprised of $353.25 million aggregate principal amount of Series 2023-3 5.44%, Class A notes, $54 million aggregate principal amount of Series 2023-3 6.12%, Class B notes and $42.75 million aggregate principal amount of Series 2023-3 7.05%, Class C notes.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-001058","anchor_url":"https://secwatch.observer/filing/0000950142-23-001058#claim-46e75c54a405e232e397dc57465dd58c768793f2","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001058/0000950142-23-001058-index.htm"},{"fact_type":"material_agreement","fact_key":"6bff99322fe176d183f763e0b438d1be709ccf85","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-04-04T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"First 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valued at $3.56 billion (effective 2023-03-30).","evidence_excerpt":"On March 30, 2023 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) completed an amendment and renewal of its asset-backed variable-funding financing facilities","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-000959","anchor_url":"https://secwatch.observer/filing/0000950142-23-000959#claim-6aadb6a66d3eedf92ae9d42d2e2bf1df2192c504","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223000959/0000950142-23-000959-index.htm"},{"fact_type":"earnings_release","fact_key":"9f5b67e7c343ace1562dd7ef7194767582e57aec","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-02-13T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$2.8 billion","period_text":"full year ended December 31, 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Full year revenues increased 29% compared to the prior year and 31% compared to 2019, at $12.0 billion. Net income was $2.8 billion and Adjusted EBITDA was $4.1 billion, both full year records for the Company. Our liquidity position at the end of the quarter was approximately $1.6","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000723612-23-000010","anchor_url":"https://secwatch.observer/filing/0000723612-23-000010#claim-9f5b67e7c343ace1562dd7ef7194767582e57aec","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000072361223000010/0000723612-23-000010-index.htm"},{"fact_type":"earnings_release","fact_key":"bab78908a8e5c4cb49b275bca8238aa792ef9468","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-02-13T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$424 million","period_text":"fourth quarter ended December 31, 2022","report_date":"2023-02-13","result_type":"reported_results","revenue_text":"$2.8 billion"},"claim":"AVIS BUDGET GROUP, INC. reported fourth quarter ended December 31, 2022 results: revenue $2.8 billion, net income $424 million.","evidence_excerpt":"financial results for fourth quarter and full year ended December 31, 2022. 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ABRCF also issued $350 million of asset-backed securities with a maturity of three years, comprised of $303.59 million aggregate principal amount of Series 2023-2 5.20%, Class A notes, and $46.41 million aggregate principal amount of Series 2023-2 6.03%, Class B notes.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-000177","anchor_url":"https://secwatch.observer/filing/0000950142-23-000177#claim-a876b1ddc1ff02348d31cef89202398cb9d84cbf","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223000177/0000950142-23-000177-index.htm"},{"fact_type":"material_agreement","fact_key":"ffa3f5000d4620d8253334f20718eab9caaa4fb4","cik":723612,"ticker":"CAR","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-01-20T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Series 2023-1 Supplement","agreement_type":"notes_offering","counterparty":"The Bank of New York Mellon Trust Company, 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