---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-26-002582"
form_type: "8-K"
ticker: "CAR"
cik: "0000723612"
company_name: "AVIS BUDGET GROUP, INC."
filed_at: "2026-09-24T20:16:06+00:00"
generated_at: "2026-09-24T20:17:20.228162+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950142-26-002582
- form_type: 8-K
- ticker: CAR
- cik: 0000723612
- company_name: AVIS BUDGET GROUP, INC.
- filed_at: 2026-09-24T20:16:06+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723612/000095014226002582/0000950142-26-002582-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723612/000095014226002582/eh260832444_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-26-002582
- JSON: https://secwatch.observer/filing/0000950142-26-002582.json
- Plain text: https://secwatch.observer/filing/0000950142-26-002582.txt

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