---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-143906"
form_type: "8-K"
ticker: "CAR"
cik: "0000723612"
company_name: "AVIS BUDGET GROUP, INC."
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T11:42:11.706059+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Avis Budget issues €200M additional 7.25% Senior Notes due 2030

## Summary
- Issued €200M aggregate principal of 7.25% Senior Notes due 2030, same series as existing €400M notes.
- Net proceeds for general corporate purposes, including potential repayment of fleet debt.
- Notes mature July 31, 2030; interest paid semi-annually; first interest payment July 31, 2024.
- Senior unsecured notes guaranteed by parent and domestic subsidiaries; redeemable with make-whole prior to July 2026.
- Covenants limit dividends, liens, investments, asset sales, mergers; customary events of default.

## SEC filing metadata
- accession: 0001193125-24-143906
- form_type: 8-K
- ticker: CAR
- cik: 0000723612
- company_name: AVIS BUDGET GROUP, INC.
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723612/000119312524143906/0001193125-24-143906-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723612/000119312524143906/d794590d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-143906
- JSON: https://secwatch.observer/filing/0001193125-24-143906.json
- Plain text: https://secwatch.observer/filing/0001193125-24-143906.txt

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