---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-251545"
form_type: "8-K"
ticker: "CAR"
cik: "0000723612"
company_name: "AVIS BUDGET GROUP, INC."
filed_at: "2026-06-01T20:30:35+00:00"
generated_at: "2026-06-01T20:40:18.823047+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Avis Budget Car Rental issues $300M of 8% Senior Notes due 2031 to refinance existing 5.75% notes

## Summary
- Issued $300M aggregate principal of 8.000% Senior Notes due 2031 as additional notes under existing indenture.
- Proceeds with cash on hand to redeem a portion of 5.750% Senior Notes due 2027 and pay fees.
- Notes mature Feb 15, 2031, interest 8% per annum semi-annual; first payment Nov 15, 2026.
- Notes are senior unsecured guaranteed by parent Avis Budget Group and certain subsidiaries.
- Issuers may redeem notes at any time before Nov 15, 2026 at make-whole premium, or after at specified prices.

## SEC filing metadata
- accession: 0001193125-26-251545
- form_type: 8-K
- ticker: CAR
- cik: 0000723612
- company_name: AVIS BUDGET GROUP, INC.
- filed_at: 2026-06-01T20:30:35+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723612/000119312526251545/0001193125-26-251545-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723612/000119312526251545/d106893d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-251545
- JSON: https://secwatch.observer/filing/0001193125-26-251545.json
- Plain text: https://secwatch.observer/filing/0001193125-26-251545.txt

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