Avis Budget AESOP unit issues USD 650 million five-year asset-backed notes secured by US fleet vehicles
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- Avis Budget’s Avis Budget Rental Car Funding (AESOP) priced USD 650 million of five-year asset-backed securities on Sept. 21, 2026.
- Deal included Series 2026-5 Class A-D notes, led by USD 474.5 million of 5.69% Class A notes.
- Issued USD 35.75 million of 9.598% Class R notes for US risk-retention compliance, held by AESOP Leasing.
- Notes secured by vehicles in the company’s domestic fleet, supported by related assets.
- Transaction triggered technical amendments to certain rental car fleet financing documents.
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: 0000950142-26-002582), on September 24, 2026, and is solely responsible for the information contained therein.
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