---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-051236"
form_type: "8-K"
ticker: "CAR"
cik: "0000723612"
company_name: "AVIS BUDGET GROUP, INC."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T07:33:51.214281+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Avis Budget issues €600M 7.00% notes due 2029 to redeem €350M 4.75% notes

## Summary
- Issued €600M aggregate principal of 7.00% Senior Notes due February 28, 2029.
- Proceeds to redeem all outstanding €350M of 4.750% Senior Notes due 2026 plus fees and expenses.
- Interest at 7.00% per annum, semi-annual payments beginning August 31, 2024.
- Notes are senior unsecured and guaranteed by Avis Budget Group and certain domestic subsidiaries.
- Issuer may redeem notes at any time prior to Feb 28, 2026 at make-whole premium; thereafter at stated prices.

## SEC filing metadata
- accession: 0001193125-24-051236
- form_type: 8-K
- ticker: CAR
- cik: 0000723612
- company_name: AVIS BUDGET GROUP, INC.
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723612/000119312524051236/0001193125-24-051236-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723612/000119312524051236/d763560d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-051236
- JSON: https://secwatch.observer/filing/0001193125-24-051236.json
- Plain text: https://secwatch.observer/filing/0001193125-24-051236.txt

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