{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-25-001422","form_type":"8-K","ticker":"CAR","cik":"0000723612","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2025-05-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.109679+00:00","generated_at":"2026-05-21T02:26:08.803494+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Avis Budget issues $600M of 8.375% Senior Notes due 2032 for refinancing","bullets":["Issued $600M of 8.375% Senior Notes due June 15, 2032; interest payable semi-annually starting Dec 15, 2025.","Proceeds to repay floating rate term loan A due Dec 2025, fleet debt, and part of 5.75% Senior Notes due 2027.","Notes are senior unsecured, guaranteed by parent Avis Budget Group and certain domestic subsidiaries.","Issuers may redeem notes at any time before June 15, 2028 at make-whole premium; thereafter at specified prices.","Change of control triggers repurchase offer at 101% of principal plus accrued interest to repurchase date."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-25-001422","json":"https://secwatch.observer/filing/0000950142-25-001422.json","markdown":"https://secwatch.observer/filing/0000950142-25-001422.md","text":"https://secwatch.observer/filing/0000950142-25-001422.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723612/000095014225001422/0000950142-25-001422-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723612/000095014225001422/eh250629084_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T02:26:08.803494+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}