---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-218909"
form_type: "8-K"
ticker: "CAR"
cik: "0000723612"
company_name: "AVIS BUDGET GROUP, INC."
filed_at: "2024-09-13T23:59:59+00:00"
generated_at: "2026-05-31T05:05:32.764846+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Avis Budget units sell $700M of 8.250% notes due 2030

## Summary
- $700M aggregate principal, 8.250% interest, maturity Jan 15, 2030.
- Semi-annual interest starting Jan 15, 2025; proceeds for general corporate use including debt repayment.
- Notes are senior unsecured, guaranteed by Avis Budget Group and restricted subsidiaries.
- Issuers may redeem at make-whole premium before Sept 15, 2026, then at specified prices.
- Up to 40% may be redeemed with equity offering proceeds at specified price.

## SEC filing metadata
- accession: 0001193125-24-218909
- form_type: 8-K
- ticker: CAR
- cik: 0000723612
- company_name: AVIS BUDGET GROUP, INC.
- filed_at: 2024-09-13T23:59:59+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/723612/000119312524218909/0001193125-24-218909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723612/000119312524218909/d890045d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-218909
- JSON: https://secwatch.observer/filing/0001193125-24-218909.json
- Plain text: https://secwatch.observer/filing/0001193125-24-218909.txt

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