Source-grounded facts extracted from AVIS BUDGET GROUP, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
AVIS BUDGET GROUP, INC. incurred debt of $650 million maturing three years and five years, respectively.
“On June 9, 2026 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $650 million of asset-backed securities with a maturity of three years and five years, respectively”
AVIS BUDGET GROUP, INC. entered into Series 2026-4 Supplement with The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-4 Agent (effective 2026-06-09).
“the Series 2026-4 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-4 Agent (the “Series 2026-4 Supplement”), to the Base Indenture”
AVIS BUDGET GROUP, INC. entered into Series 2026-3 Supplement with The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-3 Agent (effective 2026-06-09).
“The notes were issued under the Series 2026-3 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-3 Agent (the “Series 2026-3 Supplement”), to the Second Amended and Restated Base Indenture, dated as of June 3, 2004 (as amended, the “Base Indenture”)”
Cathleen DeGenova departed as Senior Vice President and Chief Accounting Officer at AVIS BUDGET GROUP, INC..
“Cathleen DeGenova, who is retiring, will continue to serve as Senior Vice President and Chief Accounting Officer until June 14, 2026.”
Tina Goldenberg was appointed as Vice President and Chief Accounting Officer at AVIS BUDGET GROUP, INC..
“On May 26, 2026, Avis Budget Group, Inc. (the “Company”) appointed Tina Goldenberg to the position of Vice President and Chief Accounting Officer of the Company, effective June 15, 2026.”
AVIS BUDGET GROUP, INC. shareholders rejected Shareholder Proposal Regarding Governance by Majority Voting and Meeting Adjournment at the 2026-05-20 meeting.
“Proposal No. 4. Shareholder Proposal Regarding Governance by Majority Voting and Meeting Adjournment. The shareholder proposal to approve, on an advisory basis, a request that the Company’s Board of Directors take each step necessary so that each voting requirement in the Company’s charter and bylaws that calls for a greater than simple majority vote be replaced by the applicable majority vote standard and to adjourn the applicable shareholder meeting, for up to 2 weeks, if the proposal fails to obtain the required 80% shareholder approval vote on the date of such meeting, was not approved, and received the following votes:”
AVIS BUDGET GROUP, INC. shareholders approved Advisory Approval of the Compensation of the Company’s Named Executive Officers at the 2026-05-20 meeting.
“Proposal No. 3. Advisory Approval of the Compensation of the Company’s Named Executive Officers. The proposal to approve, on an advisory basis, the compensation of the Company’s named executive officers, as described in the Company’s 2026 proxy statement, was approved by the following votes:”
AVIS BUDGET GROUP, INC. shareholders approved Ratification of Appointment of Auditors at the 2026-05-20 meeting.
“Proposal No. 2. Ratification of Appointment of Auditors. The proposal to ratify the appointment of Deloitte & Touche LLP to serve as the Company’s independent registered public accounting firm for fiscal year 2026 was approved by the following votes:”
AVIS BUDGET GROUP, INC. shareholders approved Election of Directors at the 2026-05-20 meeting.
“Proposal No. 1. Election of Directors. The six nominees named in the Company’s 2026 proxy statement were elected as directors to serve a one-year term expiring in 2027 and until their successors are duly elected and qualified or until their earlier resignation or removal, based upon the following votes:”
AVIS BUDGET GROUP, INC. amended senior notes of approximately $132 million maturing two-year term.
“the aggregate amount of the Series 2015-3 Notes facility was increased from approximately $109 million to $132 million”
AVIS BUDGET GROUP, INC. amended senior notes of approximately $2.628 billion maturing two-year term.
“the aggregate amount of the Series 2010-6 Notes facility was increased from approximately $2.227 billion to $2.628 billion”
AVIS BUDGET GROUP, INC. amended Fourth Amendment to Fourth Amended and Restated Series 2015-3 Supplement valued at increased from approximately $109 million to $132 million (effective 2026-04-30).
“hich is attached hereto as Exhibit 10.1, and the Fourth Amendment to Fourth Amended and Restated Series 2015-3 Supplement, a copy of”
AVIS BUDGET GROUP, INC. amended Fourth Amendment to Sixth Amended and Restated Series 2010-6 Supplement valued at increased from approximately $2.227 billion to $2.628 billion (effective 2026-04-30).
“On April 30, 2026 (the “Closing Date”), Avis Budget Group, Inc.’s (the “Company”, “we” or “our”) Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) completed an amendment and extension of its asset-backed variable-funding financing facilities”
AVIS BUDGET GROUP, INC. reported first quarter ended March 31, 2026 results: revenue $2.5 billion, net income $234 million.
“We ended the quarter with revenues of $2.5 billion, a net loss of $234 million, and an Adjusted EBITDA 1 loss of $113 million.”
AVIS BUDGET GROUP, INC. entered into Series 2026-2 Supplement with The Bank of New York Mellon Trust Company, N.A. (effective 2026-03-11).
“the Series 2026-2 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-2 Agent (the “Series 2026-2 Supplement”)”
AVIS BUDGET GROUP, INC. entered into Series 2026-1 Supplement with The Bank of New York Mellon Trust Company, N.A. (effective 2026-03-11).
“the Series 2026-1 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2026-1 Agent (the “Series 2026-1 Supplement”)”
AVIS BUDGET GROUP, INC. terminated a credit facility valued at $965 million (effective 2025-12-31).
“on December 31, 2025, we repaid an aggregate amount of $965 million of notes issued by our Avis Budget Rental Car Funding (AESOP) LLC subsidiary pursuant to certain asset-backed variable funding financing facilities”
AVIS BUDGET GROUP, INC. entered into Series 2025-1 Supplement with The Bank of New York Mellon Trust Company, N.A. valued at $965 million (effective 2025-12-30).
“The notes were issued under the Series 2025-1 Supplement, dated as of the Closing Date, between Interpace Funding and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”) and”
AVIS BUDGET GROUP, INC. incurred credit facility of $965 million with The Bank of New York Mellon Trust Company, N.A. at floating rate Class A Notes, 5.65% Class B Notes and 7.35% Class C Notes maturing June 20, 2028.
“On December 30, 2025 (the “Closing Date”), our Interpace Funding LLC subsidiary (“Interpace Funding”) issued $965 million of alternative funding asset-backed securities with a targeted two-year term and a maturity date of June 20, 2028, comprised of approximately $844 million of floating rate Class A Notes, $44 million of 5.65% Class B Notes and $77 million of 7.35% Class C Notes.”
AVIS BUDGET GROUP, INC. incurred senior notes of $793.2 million with The Bank of New York Mellon Trust Company, N.A. maturing three years and five years, respectively.
“On September 16, 2025 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $793.2 million of asset-backed securities with a maturity of three years and five years, respectively, comprised of $199.0 million aggregate principal amount of Series 2025-3 4.17%, Class A notes, $29.75 million aggregate principal amount of Series 2025-3 4.46%, Class B notes, $21.25 million aggregate principal amount of Series 2025-3 4.95%, Class C notes and $33.29 million aggregate principal amount of Series 2025-3 6.42%, Class D notes, as well as $358.2 million aggregate principal amount of Series 2025-4 4.40%, Class A notes, $53.55 million aggregate principal amount of Series 2025-4 4.77%, Class B notes, $38.25 million aggregate principal amount of Series 2025-4 5.26%, Class C notes and $59.92 million aggregate principal amount of Series 2025-4 6.72%, Class D notes.”
AVIS BUDGET GROUP, INC. amended credit facility of $1,148,846,850 with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto at secure overnight financing rate plus a margin of 2.50% per annum or an alternate maturing July 16, 2032.
“Agreement”). On the Closing Date, pursuant to the Tenth Amendment, the Borrower refinanced the existing tranche B term loans under the Sixth A&R Credit Agreement (of which $1,148,846,850 was outstanding immediately prior to the Closing Date) with repriced $1,148,846,850 tranche B term loans (the “New Tranche B Term Loans”). The New Tranche B Term Loans will mature”
Daniel Cunha was appointed as Chief Financial Officer at AVIS BUDGET GROUP, INC..
“Daniel Cunha will become Chief Financial Officer of the Company, effective July 1, 2025.”
AVIS BUDGET GROUP, INC. incurred debt of $736.5 million of asset-backed securities with The Bank of New York Mellon Trust Company, N.A. maturing three years and five years, respectively.
“On May 28, 2025 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $736.5 million of asset-backed securities with a maturity of three years and five years, respectively”
AVIS BUDGET GROUP, INC. incurred credit facility of $500,000,000 with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto.
“entered into the Ninth Amendment (the “Ninth Amendment”) to the Sixth Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto (as amended, restated or otherwise modified prior to the Ninth Amendment, the “Sixth A&R Credit Agreement”), which established a new term loan A facility in an aggregate principal amount of $500,000,000”
Jagdeep Pahwa was appointed as Executive Chairman at AVIS BUDGET GROUP, INC..
“The Board also appointed Jagdeep Pahwa, the Company's current Board Chairman, as Executive Chairman, effective March 1, 2025.”
Brian J. Choi was appointed as Chief Executive Officer at AVIS BUDGET GROUP, INC..
“the Board of Directors (the "Board") of the Company appointed Brian J. Choi, who has been serving as Chief Transformation Officer, as the Company's Chief Executive Officer ("CEO"), effective July 1, 2025.”
Joseph A. Ferraro changed role as President and Chief Executive Officer at AVIS BUDGET GROUP, INC..
“On February 11, 2025, we announced that Joseph A. Ferraro, President and Chief Executive Officer, will transition to a Board Advisor role effective June 30, 2025.”
AVIS BUDGET GROUP, INC. reported first quarter 2024 results: revenue $2.6 billion, net income $113 million.
“Results PARSIPPANY, N.J., May 1, 2024 - Avis Budget Group, Inc. ( NASDAQ: CAR ) announced financial results for first quarter 2024 today. We ended the quarter with revenues of $2.6 billion, driven by strong travel demand. Net loss was $113 million and our Adjusted EBITDA 1 was $12 million. Our liquidity position at the end of the quarter was approximately $0.7”
AVIS BUDGET GROUP, INC. incurred debt of $700 million with The Bank of New York Mellon Trust Company, N.A. maturing five years.
“On the Closing Date, ABRCF also issued $700 million of asset-backed securities with a maturity of five years”
AVIS BUDGET GROUP, INC. incurred debt of $400 million with The Bank of New York Mellon Trust Company, N.A. maturing three years.
“On March 12, 2024 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $400 million of asset-backed securities with a maturity of three years”
AVIS BUDGET GROUP, INC. entered into Series 2024-3 Supplement with The Bank of New York Mellon Trust Company, N.A. valued at $700 million (effective 2024-03-12).
“etween ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2024-2 Agent (the “Series 2024-2 Supplement”),”
AVIS BUDGET GROUP, INC. entered into Series 2024-2 Supplement with The Bank of New York Mellon Trust Company, N.A. valued at $400 million (effective 2024-03-12).
“The notes were issued under the Series 2024-2 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2024-2 Agent (the “Series 2024-2 Supplement”),”
AVIS BUDGET GROUP, INC. amended Fourth Amended and Restated Series 2015-3 Supplement valued at increased from approximately $287.4 million to $310.0 million (effective 2024-03-04).
“On March 4, 2024 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) completed an amendment and restatement of its asset-backed variable-funding financing facilities, which provide a portion of the financing for our car rental fleet in the United States.”
AVIS BUDGET GROUP, INC. amended Sixth Amended and Restated Series 2010-6 Supplement valued at increased from approximately $3.24 billion to $4.58 billion (effective 2024-03-04).
“On March 4, 2024 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) completed an amendment and restatement of its asset-backed variable-funding financing facilities, which provide a portion of the financing for our car rental fleet in the United States.”
AVIS BUDGET GROUP, INC. reported the full year ended December 31, 2023 results: revenue $12.0 billion, net income $1.6 billion.
“Full year revenues of $12.0 billion was a new record for the Company. Net income was $1.6 billion and Adjusted EBITDA was $2.5 billion, both second highest full year records for the Company.”
AVIS BUDGET GROUP, INC. reported the fourth quarter ended December 31, 2023 results: revenue $2.8 billion, net income $260 million.
“We ended 2023 with fourth quarter revenues of $2.8 billion, driven by strong demand. Net income was $260 million and Adjusted EBITDA 1 was $311 million.”
AVIS BUDGET GROUP, INC. amended credit facility of reduced by $400 million to $3.21 billion in the case of the Series 2010-6 Notes facility, and by $100 million to $279.3 with unknown at not specified maturing not specified.
“Pursuant to the amendments, the aggregate principal amounts of each facility will be reduced on February 28, 2024, by $400 million to $3.21 billion in the case of the Series 2010-6 Notes facility, and by $100 million to $279.3 million in the case of the Series 2015-3 facility.”
AVIS BUDGET GROUP, INC. incurred debt of $66 million with The Bank of New York Mellon Trust Company, N.A. at 8.427% maturing maturity of five years.
“million aggregate principal amount of Series 2024-1 5.85%, Class B notes and $97.8 million aggregate principal amount of Series 2024-1 6.48%, Class C notes. ABRCF also issued $66 million aggregate principal amount of Series 2024-1 8.427%, Class R notes, which are subordinated to the Class A notes, the Class B notes and the Class C notes and were issued to comply”
AVIS BUDGET GROUP, INC. incurred senior notes of $97.8 million with The Bank of New York Mellon Trust Company, N.A. at 6.48% maturing maturity of five years.
“On January 12, 2024 (the "Closing Date"), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary ("ABRCF") issued $1.2 billion of asset-backed securities with a maturity of five years, comprised of $950.4 million aggregate principal amount of Series 2024-1 5.36%, Class A notes, $151.8 million aggregate principal amount of Series 2024-1 5.85%, Class B notes and $97.8 million aggregate principal amount of Series 2024-1 6.48%, Class C notes.”
AVIS BUDGET GROUP, INC. incurred senior notes of $151.8 million with The Bank of New York Mellon Trust Company, N.A. at 5.85% maturing maturity of five years.
“On January 12, 2024 (the "Closing Date"), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary ("ABRCF") issued $1.2 billion of asset-backed securities with a maturity of five years, comprised of $950.4 million aggregate principal amount of Series 2024-1 5.36%, Class A notes, $151.8 million aggregate principal amount of Series 2024-1 5.85%, Class B notes and $97.8 million aggregate principal amount of Series 2024-1 6.48%, Class C notes.”
AVIS BUDGET GROUP, INC. incurred senior notes of $950.4 million with The Bank of New York Mellon Trust Company, N.A. at 5.36% maturing maturity of five years.
“On January 12, 2024 (the "Closing Date"), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary ("ABRCF") issued $1.2 billion of asset-backed securities with a maturity of five years, comprised of $950.4 million aggregate principal amount of Series 2024-1 5.36%, Class A notes, $151.8 million aggregate principal amount of Series 2024-1 5.85%, Class B notes and $97.8 million aggregate principal amount of Series 2024-1 6.48%, Class C notes.”
AVIS BUDGET GROUP, INC. entered into Series 2024-1 Supplement with The Bank of New York Mellon Trust Company, N.A. valued at $1.2 billion (effective 2024-01-12).
“The notes were issued under the Series 2024-1 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2024-1 Agent (the “Series”
AVIS BUDGET GROUP, INC. amended revolving credit with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto maturing December 27, 2028.
“extended the maturity of the Company’s revolving credit facility thereunder to December 27, 2028”
AVIS BUDGET GROUP, INC. amended Seventh Amendment with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto (effective 2023-12-27).
“On December 27, 2023, Avis Budget Group, Inc. (the “Company”) and its subsidiaries, Avis Budget Holdings, LLC and Avis Budget Car Rental, LLC, as the Borrower (collectively, the “Avis Parties”), entered into the Seventh Amendment (the “Seventh Amendment”) to the Sixth Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto (the “Sixth A&R Credit Agreement”), which extended the maturity of the Company’s revolving credit facility thereunder to December 27, 2028.”
AVIS BUDGET GROUP, INC. amended credit facility of $538,750,000 with JPMorgan Chase Bank, N.A., as Administrative Agent at SOFR plus 3.00% per annum maturing March 16, 2029.
“ABCR refinanced the existing tranche C term loans (the “Existing Tranche C Term Loans”) under the Sixth A&R Credit Agreement ( of which approximately $738,750,000 was outstanding immediately prior to the Closing Date) with repriced $538,750,000 tranche C term loans (the “New Tranche C Term Loans”).”
AVIS BUDGET GROUP, INC. amended Sixth Amendment with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto valued at $538,750,000 (effective 2023-12-08).
“On December 8, 2023 (the “Closing Date”), Avis Budget Group, Inc. and its subsidiaries, Avis Budget Holdings, LLC and Avis Budget Car Rental, LLC (“ABCR”), as the Borrower (collectively, the “Avis Parties”), entered into the Sixth Amendment (the “Sixth Amendment”) to the Sixth Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto (the “Sixth A&R Credit Agreement”).”
AVIS BUDGET GROUP, INC. amended debt of increased from approximately $279.3 million to $379.3 million.
“the aggregate amount of the Series 2015-3 Notes facility was increased from approximately $279.3 million to $379.3 million”
AVIS BUDGET GROUP, INC. amended debt of increased from approximately $3.06 billion to $3.46 billion.
“the aggregate amount of the Series 2010-6 Notes facility was increased from approximately $3.06 billion to $3.46 billion”
AVIS BUDGET GROUP, INC. amended Third Amendment to the Third Amended and Restated Series 2015-3 Supplement valued at increased from approximately $279.3 million to $379.3 million (effective 2023-11-03).
“on November 3, 2023 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) completed an amendment of its asset-backed variable-funding financing facilities”
AVIS BUDGET GROUP, INC. amended Third Amendment to the Fifth Amended and Restated Series 2010-6 Supplement valued at increased from approximately $3.06 billion to $3.46 billion (effective 2023-11-03).
“on November 3, 2023 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) completed an amendment of its asset-backed variable-funding financing facilities”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.