---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-187288"
form_type: "8-K"
ticker: "CAR"
cik: "0000723612"
company_name: "AVIS BUDGET GROUP, INC."
filed_at: "2023-07-14T23:59:59+00:00"
generated_at: "2026-06-13T08:30:14.663277+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Avis Budget Finance issues €400M 7.25% Senior Notes due 2030 to refinance 2024 notes

## Summary
- Issued €400M aggregate principal of 7.25% Senior Notes due July 31, 2030.
- Net proceeds used to redeem all €300M outstanding 4.125% Senior Notes due 2024, plus fees.
- Remaining proceeds for general corporate purposes, including debt repayment.
- Notes are senior unsecured, guaranteed by Avis Budget Group and certain domestic subsidiaries.
- Issuer may redeem notes at make-whole price until July 31, 2026, then at stated redemption prices.

## SEC filing metadata
- accession: 0001193125-23-187288
- form_type: 8-K
- ticker: CAR
- cik: 0000723612
- company_name: AVIS BUDGET GROUP, INC.
- filed_at: 2023-07-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723612/000119312523187288/0001193125-23-187288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723612/000119312523187288/d519763d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-187288
- JSON: https://secwatch.observer/filing/0001193125-23-187288.json
- Plain text: https://secwatch.observer/filing/0001193125-23-187288.txt

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