{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-26-000719","form_type":"8-K","ticker":"CAR","cik":"0000723612","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.586196+00:00","generated_at":"2026-05-15T12:47:17.339325+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Avis Budget subsidiary issues $668.2M in asset-backed securities across two series","bullets":["ABRCF issued Series 2026-1 and 2026-2 notes totaling $668.2M, secured by domestic fleet vehicles.","Notes include Class A ($280.4M at 4.28%), Class B ($34.6M at 4.57%), Class C ($23.1M at 4.96%), and Class D ($46.1M at 6.53%).","Series 2026-2 includes Class A ($207.4M at 4.60%), Class B, C, D, and subordinated Class R tranches with maturities of 3 and 5 years.","Class R notes ($20.6M at 8.0%) issued to comply with U.S. risk retention rules, held by AESOP Leasing L.P."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-26-000719","json":"https://secwatch.observer/filing/0000950142-26-000719.json","markdown":"https://secwatch.observer/filing/0000950142-26-000719.md","text":"https://secwatch.observer/filing/0000950142-26-000719.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723612/000095014226000719/0000950142-26-000719-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723612/000095014226000719/eh260747683_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T12:47:17.339325+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":"bb28c9d0da4673ad5c6b96734952705f76a4d36d","claim":"AVIS BUDGET GROUP, INC. entered into Series 2026-1 Supplement with The Bank of New York Mellon Trust Company, N.A. (effective 2026-03-11).","evidence_excerpt":"the Series 2026-1 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-1 Agent (the “Series 2026-1 Supplement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226000719/0000950142-26-000719-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"The Bank of New York Mellon Trust Company, N.A."},{"label":"Effective","value":"2026-03-11"}],"fact_type":"material_agreement"},{"claim_id":"e7c5f7453d92d45c2731d406c46f19b647b44fb8","claim":"AVIS BUDGET GROUP, INC. entered into Series 2026-2 Supplement with The Bank of New York Mellon Trust Company, N.A. (effective 2026-03-11).","evidence_excerpt":"the Series 2026-2 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-2 Agent (the “Series 2026-2 Supplement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014226000719/0000950142-26-000719-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"The Bank of New York Mellon Trust Company, N.A."},{"label":"Effective","value":"2026-03-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}