---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-24-000026"
form_type: "8-K"
ticker: "CAR"
cik: "0000723612"
company_name: "AVIS BUDGET GROUP, INC."
filed_at: "2024-01-03T23:59:59+00:00"
generated_at: "2026-06-07T04:56:08.801669+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Avis Budget extends revolving credit facility maturity to Dec 27, 2028 via Seventh Amendment

## Summary
- Maturity of revolving credit facility extended to December 27, 2028.
- Seventh Amendment refinances existing revolving commitments with new commitments from lenders including JPMorgan, BofA, Barclays.
- No other terms of the credit agreement were changed; all existing obligations remain.
- Amendment effective as of December 27, 2023; filing made on January 3, 2024.

## SEC filing metadata
- accession: 0000950142-24-000026
- form_type: 8-K
- ticker: CAR
- cik: 0000723612
- company_name: AVIS BUDGET GROUP, INC.
- filed_at: 2024-01-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723612/000095014224000026/0000950142-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723612/000095014224000026/eh230433452_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-000026
- JSON: https://secwatch.observer/filing/0000950142-24-000026.json
- Plain text: https://secwatch.observer/filing/0000950142-24-000026.txt

## Key facts
- Debt Financings
  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.
  - Instrument: revolving credit
  - Counterparty: JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto
  - Maturity: December 27, 2028
  - Event: amendment
  source text: extended the maturity of the Company’s revolving credit facility thereunder to December 27, 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/723612/000095014224000026/0000950142-24-000026-index.htm
- Material Agreements
  AVIS BUDGET GROUP, INC. amended Seventh Amendment with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto (effective 2023-12-27).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto
  - Effective: 2023-12-27
  source text: On December 27, 2023, Avis Budget Group, Inc. (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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/723612/000095014224000026/0000950142-24-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.