---
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"
generated_at: "2026-06-05T00:54:53.154486+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Avis Budget upsizes ABS facilities; Series 2010-6 to $4.58B, Series 2015-3 to $310M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-000655
- JSON: https://secwatch.observer/filing/0000950142-24-000655.json
- Plain text: https://secwatch.observer/filing/0000950142-24-000655.txt

## Key facts
- Material Agreements
  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).
  - Action: amendment
  - Agreement: credit facility
  - Value: increased from approximately $3.24 billion to $4.58 billion
  - Effective: 2024-03-04
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/723612/000095014224000655/0000950142-24-000655-index.htm
- Material Agreements
  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).
  - Action: amendment
  - Agreement: credit facility
  - Value: increased from approximately $287.4 million to $310.0 million
  - Effective: 2024-03-04
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/723612/000095014224000655/0000950142-24-000655-index.htm

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