Avis Budget Group, INC 8-K filings

Avis Budget Group reported a net loss of $113 million in the first quarter of 2024, despite strong travel demand driving revenues of $2.6 billion.

Avis Budget Group's subsidiary, Avis Budget Rental Car Funding (AESOP) LLC, has successfully issued $1.1 billion in asset-backed securities to refinance debt and support operations.

Avis Budget Group's subsidiary, Avis Budget Rental Car Funding (AESOP) LLC, has amended and restated its asset-backed variable-funding financing facilities, increasing the aggregate amount available for its car rental fleet in the United States.

Avis Budget Finance plc has successfully issued $600 million in senior notes due 2029, with the proceeds intended for debt redemption and general corporate purposes.

Avis Budget Group announced record full-year revenue of $12.0 billion and the second-highest adjusted EBITDA in the company's history for 2023.

Avis Budget Group's subsidiary, ABRCF, issued $1.2 billion in asset-backed securities and amended its existing variable-funding financing facilities.