Avis Budget unit ABRCF issues USD 668.2 million asset-backed notes under new indenture supplements

Reuters03-14 04:11

Avis Budget unit ABRCF issues USD 668.2 million asset-backed notes under new indenture supplements

Avis Budget said its Avis Budget Rental Car Funding unit issued USD 668.2 million of asset-backed notes under supplements to its base indenture with Bank of New York Mellon Trust Company as trustee. The issuance included Series 2026-1 Class A notes of USD 280.39 million at 4% and Series 2026-2 Class A notes of USD 207.4 million at 5%. The notes are secured by vehicles in the company’s domestic fleet and related assets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avis Budget Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950142-26-000719), on March 13, 2026, and is solely responsible for the information contained therein.

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