Avis Budget issues $650M in Series 2026-5 asset-backed notes

AVIS BUDGET GROUP, INC.

Avis Budget's ABRCF subsidiary issued $650M in Series 2026-5 ABS notes on Sept 21, 2026, 5-year maturity.
Class A $474.5M at 5.69%; Class B $61.75M at 5.95%; Class C $47.125M at 6.44%.
Class D $66.625M at 8.14%; Class R $35.75M at 9.598%, held by AESOP Leasing L.P. for U.S. risk retention.
Notes secured by domestic fleet vehicles; proceeds deposited as Principal Collections.
Issued under Series 2026-5 Supplement to 2004 Base Indenture; related fleet financing docs amended.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.