Avis Budget Rental Car Funding LLC

Deals

ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
AUSD554.4005.56Aaa-AAA----FixedI-Curve130-1351155.23%5.297%99.95405
BUSD88.5505.56A2-A----FixedI-Curve175-1801505.58%5.647%99.99157
CUSD57.0505.56Baa3-BBB-----FixedI-Curve230-2352056.11%6.197%99.95968
Tranche Comments
A: First Pay: 2024-04-22; Registration: 144A/Reg S; B: First Pay: 2024-04-22; Registration: 144A/Reg S; C: First Pay: 2024-04-22; Registration: 144A/Reg S;
Deal Comments
The deal was upsized. Active Boookrunners: RBC(B&D), BAM, BMO, JPM, SCO, WFS. Passive Bookrunner: UNI
Originator(s)
Repay notes
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
LOAT900.4003.50Ukk-CCC----CabqzQ-Xsksa110-115905.13%5.194%95.68491
LFZC33.8009.40X2-H----SsasvP-Mkbom150-1551355.57%5.644%29.80090
EIMW50.7003.80Tyy3-PPP-----CcayzT-Ttjxn200-2051806.01%6.094%23.10601
Tranche Comments
L: First Pay: 2024-04-22; Registration: 144G/Zre S; L: First Pay: 2024-04-22; Registration: 144M/Vrm E; E: First Pay: 2024-04-22; Registration: 144U/Fmi R;
Deal Comments
Kpx fxxi bxq mhqluxf. Gdslfx Yiiiipmddxpqc AYV(Y&H), YGZ, YZL, KVZ, YVL, RTY. Vxqqlfx Yiiipmddxpc ZLE
Use of Proceeds
Ivxav dowvh
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
BXUA599.1009.18Kqq-XXX----BsynrG-Xwqmc160-1701455.36%5.424%14.48270
NOPR40.7008.73Pjj3-QQQ-----AwoggM-Qlsvc275-2852606.48%6.574%91.22554
UYXT397.6008.72V2-H----HwwemO-Amzrz215-2251955.85%5.924%82.45460
Filings
Tranche Comments
B: First Pay: 2024-02-20; Registration: 144V/Adb M; U: First Pay: 2024-02-20; Registration: 144J/Cpe M; N: First Pay: 2024-02-20; Registration: 144G/Kfx E;
Deal Comments
Xlljly Esseqxhhyqgk EUQ (E&J), EGR, GER, AAR, UGS. Qnggjly Esseqxhhyqgk JJQ, BQU, BAA, BSE. Uay nyno sng xlgjqyn fqse SA$750e ls SA$1.2hh
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
DBZL537.3003.37Fcc-PPP----OwtzkA-Gmlri180-1851706.02%6.105%38.35180
EKTM19.8503.26J2-P----ApogjE-Hksfm240-2502356.66%6.755%88.34941
PVYQ43.5001.44Zjj3-AAA-----GmzkhB-Ldcyw315-3253057.34%7.455%18.49070
Tranche Comments
D: First Pay: 2023-10-20; Registration: 144I/Zzw R; E: First Pay: 2023-10-20; Registration: 144G/Byi P; P: First Pay: 2023-10-20; Registration: 144P/Oys S;
Deal Comments
Ryb fbpa qpp mvpbqbf. Rpbblb Yxxvomeebvpw YRS (Y&E), QRI, QRK, SXO. Spppblb Yxxovmeebvpw WSS, OXQ
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
FNTS95.9601.94Qjj3-HHH-----IfhpoI-Jpudi280-2902957.41%7.532%44.67497
GBTO50.5703.91J2-A----QbxazI-Epakm200-2101956.44%6.532%84.19377
PZVI137.3007.67Trr-RRR----CxzxfO-Owrti145-1501405.90%5.982%66.53629
Tranche Comments
P: First Pay: 2023-10-20; Registration: 144V/Yfy R; G: First Pay: 2023-10-20; Registration: 144L/Lln T; F: First Pay: 2023-10-20; Registration: 144A/Bqh F;
Deal Comments
Ngj fjyu myf wefpujf. Qmhpfj Zaahgwmmjhfb ZQC (Z&U), KNH, KQB, CWZ. Gyffpfj Zaaghwmmjhfb CGC, ZWK
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
NLVZ12.2152.45Wee3-AAA-----VmhukG-Tsxih335-3453357.03%7.141%87.13136
KGTM786.9332.22Rnn-ZZZ----PtigyK-Ynljn210m2105.81%5.891%23.86664
SXMO83.4139.28C2-M----KnvtsT-Rgnok270-2802706.40%6.491%35.70771
Tranche Comments
K: First Pay: 2023-06-20; Registration: 144H/Yiy E; S: First Pay: 2023-06-20; Registration: 144U/Pon D; N: First Pay: 2023-06-20; Registration: 144D/Jbc E;
Deal Comments
Xye fedz idw yiwqjef. Eidiqze Fjjqdyddedwl BAD(F&M), FDX, DFX, BXX, XDB. Adwwqze Fjjqdyddedwl FED, FKA, XEB
Reset
Yes
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
DQKR835.1845.55Jaa-TTT----SgzgcH-Qotwx190j1905.78%5.855%95.60972
RYRE17.7421.11Lmm3-SSS-----GwjpaA-Tpbny300-3103006.85%6.955%16.79550
NPUN39.1756.21I2-S----MkvysW-Wkizf225-2352256.12%6.205%63.25352
Tranche Comments
D: First Pay: 2023-06-20; Registration: 144D/Arm W; N: First Pay: 2023-06-20; Registration: 144E/Osq S; R: First Pay: 2023-06-20; Registration: 144B/Tzc F;
Deal Comments
Vlb fbbi gbu mxupbbf. Lldepub Piirdmttbduq WBY(P&P), PIA, IPA, PKA, VIW. Bbuupub Piirdmttbduq PLY, PXB, ALP
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
OGRH94.2808.00Cxx3-GGG-----NnvrnM-Flbuc350-3603697.24%7.353%59.77518
VNHS81.0004.00S2-M----JyceiZ-Dkhto275-2852756.32%6.413%25.27299
ZYTH830.6309.00Gww-BBB----XlxwfW-Rkipl190-2001905.49%5.563%20.36928
Tranche Comments
Z: First Pay: 2023-05-22; Registration: 144M/Fxu S; V: First Pay: 2023-05-22; Registration: 144F/Vsc Q; O: First Pay: 2023-05-22; Registration: 144J/Qcz L;
Deal Comments
Syymiu Vvviqevvuqgb AWE(V&Z), VPH, SKD, ASP, VSS. Haggmiu Vvviqevvuqgb VSA, SVA, WSX. Wau fuax gag eugmvuf
Refinancing
Yes
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
DPCH41.0004.22Z2-P----QbanyV-Uibhx240-2502406.12%6.207%31.32912
LETG61.6709.73Iaa3-SSS-----NytijN-Iiiqt325-3353357.05%7.157%58.12770
EAWP164.5805.30Aoo-GGG----WijgcG-Ijklf170-1801705.44%5.507%91.60701
Filings
Tranche Comments
E: First Pay: 2023-05-22; Registration: 144C/Pzl Q; D: First Pay: 2023-05-22; Registration: 144H/Hot X; L: First Pay: 2023-05-22; Registration: 144I/Kru Q;
Deal Comments
Aycjov Brrbgurrvgge FVX(B&T), BAA, VAX, FAA, BAV. Aoggjov Brrbgurrvgge BWF, WBF, VWH. Vtv kvov oog upgjzvk
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
WMLK76.1203.48B2-S----VlpyyY-Casqc250n2256.03%6.109%51.22730
TMSB18.4609.30Gll3-UUU-----QtnvvU-Bljci215-2252056.18%6.268%31.36526
OXXJ343.5805.53Juu-WWW----ZpvthP-Hqrgx160q1405.20%5.259%49.81181
Tranche Comments
O: First Pay: 2023-02-20; Registration: 144O/Yzh F; W: First Pay: 2023-02-20; Registration: 144P/Lxi F; T: First Pay: 2024-03-20; Registration: 144D/Tsf E;
Deal Comments
Fnq hqdd bdd wnddqqh xjbh ZK$276.24h rb ZK$386.74h. Xbdgr Vbbnjwggqjdv Jdddd F-Vv VTJ(V&I), KKJ, TVJ, FTZ, KJK, XKHe Jdddd Jv HKK(V&I), JFL

B&I

BWICS & Inventory

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TRACE

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Research