CAR · Avis Budget Group, Inc. · Documents
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Avis Budget Group, Inc. generated $3.4 billion in revenue and $199 million in net income during the three months ended September 30, 2026, as decreased volume and higher per-unit fleet costs pressured results despite sustained revenue per day.
Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. gave notice that all $350,000,000 of their 5.750% Senior Notes due July 2027 will be redeemed on December 30, 2026 at 100% of principal plus accrued interest.
Avis Budget Group, Inc. received a $650,000,000 cash settlement on October 5, 2026 and expects to use part of it to repay the remaining $350 million principal of its 5.750% Senior Notes due 2027 before year end.
Avis Budget Group, Inc.’s ABRCF subsidiary issued $650 million of asset-backed securities with a maturity of five years on September 21, 2026, secured by vehicles in its domestic fleet and other related assets.