Avis Budget Group Inc. Secures $736.5 Million in Asset-Backed Securities Financing Agreement

Reuters

2025/06/03

Avis Budget Group Inc. Secures $736.5 Million in Asset-Backed Securities Financing Agreement

Avis Budget Group Inc. has announced the issuance of $736.5 million in asset-backed securities through its subsidiary, Avis Budget Rental Car Funding (AESOP) LLC. The securities, dated May 28, 2025, include various series of notes with maturities spanning three to five years. The issuance comprises $199.0 million of Series 2025-1 Class A notes at 4.80% interest, among other classes with varying interest rates, and Series 2025-2 notes with differing principal amounts and interest rates. These notes are secured by the company's domestic vehicle fleet and related assets. The transaction involves The Bank of New York Mellon Trust Company, N.A., as trustee and agent, and includes a retention of Class D and Class R notes to comply with U.S. risk retention rules. This move is part of Avis Budget Group's ongoing strategy to strengthen its financial positioning through structured financing.

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: 0000950142-25-001547), on June 02, 2025, and is solely responsible for the information contained therein.

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2540519713"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2540519713\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2540519713?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-03 04:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2540519713","market":"us","top_or_hot":-1,"title":"Avis Budget Group Inc. Secures $736.5 Million in Asset-Backed Securities Financing Agreement","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Avis Budget Group Inc. Secures $736.5 Million in Asset-Backed Securities Financing Agreement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Avis Budget Group Inc. has announced the issuance of $736.5 million in asset-backed securities through its subsidiary, Avis Budget Rental Car Funding (AESOP) LLC. The securities, dated May 28, 2025, include various series of notes with maturities spanning three to five years. The issuance comprises $199.0 million of Series 2025-1 Class A notes at 4.80% interest, among other classes with varying interest rates, and Series 2025-2 notes with differing principal amounts and interest rates. These notes are secured by the company's domestic vehicle fleet and related assets. The transaction involves The Bank of New York Mellon Trust Company, N.A., as trustee and agent, and includes a retention of Class D and Class R notes to comply with U.S. risk retention rules. This move is part of Avis Budget Group's ongoing strategy to strengthen its financial positioning through structured financing.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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: 0000950142-25-001547), on June 02, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Avis Budget Group Inc. Secures $736.5 Million in Asset-Backed Securities Financing Agreement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAvis Budget Group Inc. Secures $736.5 Million in Asset-Backed Securities Financing Agreement\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-06-03 04:15</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Avis Budget Group Inc. Secures $736.5 Million in Asset-Backed Securities Financing Agreement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Avis Budget Group Inc. has announced the issuance of $736.5 million in asset-backed securities through its subsidiary, Avis Budget Rental Car Funding (AESOP) LLC. The securities, dated May 28, 2025, include various series of notes with maturities spanning three to five years. The issuance comprises $199.0 million of Series 2025-1 Class A notes at 4.80% interest, among other classes with varying interest rates, and Series 2025-2 notes with differing principal amounts and interest rates. These notes are secured by the company's domestic vehicle fleet and related assets. The transaction involves The Bank of New York Mellon Trust Company, N.A., as trustee and agent, and includes a retention of Class D and Class R notes to comply with U.S. risk retention rules. This move is part of Avis Budget Group's ongoing strategy to strengthen its financial positioning through structured financing.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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: 0000950142-25-001547), on June 02, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CAR","symbol_name":"安飛士","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250602:nNDL5qpSpQ:1","article_id":"2540519713","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540519713","pubTimestamp":1748895358,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Avis Budget Group Inc. has announced the issuance of $736.5 million in asset-backed securities through its subsidiary, Avis Budget Rental Car Funding  LLC. The securities, dated May 28, 2025, include various series of notes with maturities spanning three to five years. The issuance comprises $199.0 million of Series 2025-1 Class A notes at 4.80% interest, among other classes with varying interest rates, and Series 2025-2 notes with differing principal amounts and interest rates. These notes are secured by the company's domestic vehicle fleet and related assets. The transaction involves The Bank of New York Mellon Trust Company, N.A., as trustee and agent, and includes a retention of Class D and Class R notes to comply with U.S. risk retention rules. This move is part of Avis Budget Group's ongoing strategy to strengthen its financial positioning through structured financing.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CAR":"安飞士","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","BK4135":"资产管理与托管银行","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","BK4022":"陆运","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","BK":"纽约梅隆银行","BK4588":"碎股","BK4559":"巴菲特持仓","BK4585":"ETF&股票定投概念","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","BK4230":"旅客陆运","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD"},"translate_title":"Avis Budget Group Inc.获得7.365亿美元的资产支持证券融资协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAR":0.9,"BK":0.9},"content_text":"Avis Budget Group Inc. Secures $736.5 Million in Asset-Backed Securities Financing Agreement\n    \n\n        Avis Budget Group Inc. has announced the issuance of $736.5 million in asset-backed securities through its subsidiary, Avis Budget Rental Car Funding (AESOP) LLC. The securities, dated May 28, 2025, include various series of notes with maturities spanning three to five years. The issuance comprises $199.0 million of Series 2025-1 Class A notes at 4.80% interest, among other classes with varying interest rates, and Series 2025-2 notes with differing principal amounts and interest rates. These notes are secured by the company's domestic vehicle fleet and related assets. The transaction involves The Bank of New York Mellon Trust Company, N.A., as trustee and agent, and includes a retention of Class D and Class R notes to comply with U.S. risk retention rules. This move is part of Avis Budget Group's ongoing strategy to strengthen its financial positioning through structured financing.\n      \n\nDisclaimer: 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: 0000950142-25-001547), on June 02, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}