{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-24-000655","form_type":"8-K","ticker":"CAR","cik":"0000723612","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-03-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.760666+00:00","generated_at":"2026-06-05T00:54:53.154486+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Avis Budget upsizes ABS facilities; Series 2010-6 to $4.58B, Series 2015-3 to $310M","bullets":["Series 2010-6 Notes facility increased from $3.24B to $4.58B; Series 2015-3 from $287.4M to $310.0M.","Each two-year facility; mandatory reductions of $721M (Series 2010-6) and $49M (Series 2015-3) on Nov 1, 2024.","Financing secured by vehicles in Avis Budget's domestic fleet and related assets.","Amendments executed March 4, 2024 via Avis Budget Rental Car Funding (AESOP) LLC subsidiary."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-24-000655","json":"https://secwatch.observer/filing/0000950142-24-000655.json","markdown":"https://secwatch.observer/filing/0000950142-24-000655.md","text":"https://secwatch.observer/filing/0000950142-24-000655.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000655/0000950142-24-000655-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000655/eh240454893_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T00:54:53.154486+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"00435a43c22339e6912630e19e8ea6970a169828","claim":"AVIS BUDGET GROUP, INC. amended Sixth Amended and Restated Series 2010-6 Supplement valued at increased from approximately $3.24 billion to $4.58 billion (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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000655/0000950142-24-000655-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Value","value":"increased from approximately $3.24 billion to $4.58 billion"},{"label":"Effective","value":"2024-03-04"}],"fact_type":"material_agreement"},{"claim_id":"d1c7b05c76be79f6e4dc78a7983598c52026ef17","claim":"AVIS BUDGET GROUP, INC. amended Fourth Amended and Restated Series 2015-3 Supplement valued at increased from approximately $287.4 million to $310.0 million (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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014224000655/0000950142-24-000655-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Value","value":"increased from approximately $287.4 million to $310.0 million"},{"label":"Effective","value":"2024-03-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}