secwatch.observer — SEC 8-K summary
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Issuer:     AVIS BUDGET GROUP, INC. (CAR)
CIK:        0000723612
Form:       8-K
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0000950142-24-000655
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723612/000095014224000655/0000950142-24-000655-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723612/000095014224000655/eh240454893_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-24-000655

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer