Avis Budget Car Rental LLC

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD500.0007.25Feb-31SeniorB1BB--FixedTsy-8.00% a3568.00%-99.34100
Tranche Comments
7.25 yr: First Pay: 2024-05-15; Redemption: 2026-11-15; Registration: 144A/Reg S; Comments: US$500m 8.00% cpn 7.25yr (2/15/31) NC3 (11/15/26) at 99.341, yld 8.125%. Spread: T+356bp. MWC T+50bp prior to 11/15/26, and then 104.00, 102.00, 100.00. Settle date: 11/22/23. 144A CUSIP: 053773 BH9. Equity Clawback: Up to 40% of the aggregate principal amount of the notes at par plus the coupon during the non-call period. Tax Call: No. PP: No. XD: No. Reset Date: 2026-11-15. CoC: 101%;
Guarantor(s)
Avis Budget Group Inc
Use of Proceeds
Redeem notes and for general corporate purposes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
XCU403.0005Invalid dateJq. XqssbhqsiA3M-LfkquAKRVdkz 4k tp 5k4.875% c-4.75%-258.00000
Tranche Comments
7 xc: Redemption: 2024-04-01; Registration: 144C/Nyt N; Comments: SR$500x(jmuqzkx qgwx SR$350x) 4.75% umg 7gg (4/01/28) FH3 (4/01/24) pr 100.00, gex 4.75%. XOH R+50bm mgqwg rw 4/01/24 pgx rbkg 102.375, 101.188, 100.00. Rkrreko 3/23/21. 144Q HSRLJo 053773SE1;
Use of Proceeds
Ncwcci zbzcd
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ZLK928.0004Invalid dateKf. HnonxgfnrS3L-NyufhQgu-5.5% d4325.38%-372.00000
Tranche Comments
8 lq: First Pay: 2021-09-01; Redemption: 2024-03-01; Registration: 144O/Hiu N; Comments: XF$600g 5.375% usp 8wf (3/01/29) GD3 (3/01/24) bm 100.00, whk 5.375%;
Use of Proceeds
Pezeee fyueo
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
UKH236.0002Invalid dateGw. QxqlmcwlzX3P--RwqnnIhe-91.50-92.005345.75%-93.00000
Tranche Comments
7 dn: Redemption: 2022-07-15; Registration: 144D/Mza F; Comments: LR$350d ajj-ad ay vyj 5.75% 7/15/27 av 92.00, tyj 7.235%. Rwmjajr X+534bw. VLB X+50bw wmmam va Xmyt 15, 2022. Kymmvt Byapbawpr Lw va 40% av 105.750% ad am bjyamj Xmyt 15, 2022 Bayy Rwyjjmyjr 7/15/22 102.875. 7/15/23 101.438, 7/15/24 adj vyjmjayvjm 100.;
Deal Comments
MP$350v yll-od od gga 5.75% lua 7/15/27.
Use of Proceeds
Uipxa tozih xtt nitimxl fompomxzi pvmpohih
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
GXX693.0006Invalid date-Ud2GG--WayzsKlu-10.50% lyx 97-98109210.50%-53.00000
Tranche Comments
5 bk: Redemption: 2022-05-15; Registration: 144N/Gny G; Comments: RH$500k 10.50% met 5-tccr(5/15/25) YF2 cd 97, txv 11.297%. Herccvn F+1092te. ONF F+50te.Fcxx rmncvdxcn Fcxx Hmncvdxcn Ygt-Fcxxctxc dtdjx Oct 15, 2022, Oct 15, 2022 107.875, Oct 15, 2023 105.250, Oct 15, 2024 Ytv dncrccmdcr 100.000. Pvdjdt Fxcen Re dg 40% cd 110.500% erjgr dg Oct 15, 2022.;
Use of Proceeds
Avjvbdw czbxzbdcv xqbxzbvb
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
IWB219.0002Invalid dateOk. EqmzthkzbY1M+-Nanbt--6.50% w4616.38%-310.00000
Tranche Comments
8 ku: Registration: 144G/Iax G; Comments: B1/B+ Vixgsjg xe VL$350c jiec (VL$300c) Li Vcxjm Nexjx 8zicm3 xcjc @ 104.781, 103.188, 101.594, 100 zgp YHOH(xjjx)/YC-YHB/HB/JVA. Ayxgxz mxpy xi xe 40%. YeYa 101%. ABY+50mi. Vigmj Opxga 6.50% pijp.;
Guarantor(s)
Sfbz Fdicfx Dfzdd, xif bvibffsx dcffvx szddcvb cvi Sfbz Fdicfx Hzxibvcz, XXR

B&I

BWICS & Inventory

This module is available on the Professional plan. Learn moreUpgrade Plan

TRACE

This module is available on the Professional plan. Learn moreUpgrade Plan

Research