secwatch / observer
8-K filed April 4, 2023, 7:59 PM ET ticker CAR CIK 0000723612
debt confidence high sentiment neutral materiality 0.55

Avis Budget Group renews up to $3.9B in asset-backed fleet financing facilities

AVIS BUDGET GROUP, INC.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AVIS BUDGET GROUP, INC. amended First Amendment to the Fifth Amended and Restated Series 2010-6 Supplement with 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., as Trustee and as Series 2010-6 Agent valued at $3.56 billion (effective 2023-03-30).

Action
amendment
Agreement
notes offering
Counterparty
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., as Trustee and as Series 2010-6 Agent
Value
$3.56 billion
Effective
2023-03-30
Exact text from the filing
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
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AVIS BUDGET GROUP, INC. amended First Amendment to the Third Amended and Restated Series 2015-3 Supplement with 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., as Trustee and as Series 2015-3 Agent valued at $342 million (effective 2023-03-30).

Action
amendment
Agreement
notes offering
Counterparty
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., as Trustee and as Series 2015-3 Agent
Value
$342 million
Effective
2023-03-30
Exact text from the filing
The Series 2015-3 Notes are issued under the First Amendment to the Third Amended and Restated Series 2015-3 Supplement, dated March 30, 2023, among ABRCF, Avis Budget Car Rental, LLC, as Administrator, 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., as Trustee and as Series 2015-3 Agent, to the Base Indenture.
View on SEC.gov

281 material agreements filed in the last 30 days. Browse all material agreements →

AVIS BUDGET GROUP, INC. filing history →

Source: SEC EDGAR
accession 0000950142-23-000959
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