Amount Raised
$965 Million
Round Type
Debt Financing
ParsippanyTravelInvestors
Description
On December 30, 2025, Avis Budget Group's subsidiary, Interpace Funding LLC, issued $965 million in alternative funding asset-backed securities. This issuance consists of approximately $844 million of floating rate Class A Notes, along with Class B and C Notes totaling $121 million. The notes are secured by certain vehicles in the domestic fleet and related assets with a targeted two-year term. The transaction marks a significant achievement for the company in securing funding for its operations.
Quick answer
Avis Budget Group raised $965 Million in a Debt Financing round, dated January 5, 2026. Investors: The Bank Of New York Mellon Trust Company, N.A. Avis Budget Group is based in Parsippany, New Jersey, United States.
- How much did Avis Budget Group raise?
- Avis Budget Group raised $965 Million in a Debt Financing round on January 5, 2026.
- Who invested in Avis Budget Group?
- The Bank Of New York Mellon Trust Company, N.A. is named as investors in this round.
- What does Avis Budget Group do?
- Avis Budget Group, Inc. is a leading global provider of transportation solutions, both through its Avis and Budget brands, which have more than 11,000 rental locations in approximately 180 countries around the world,..
- Where is Avis Budget Group based and how big is it?
- Avis Budget Group is based in Parsippany, New Jersey, United States. Fundz records about 21,000 employees.
- Who are the decision-makers at Avis Budget Group?
- Fundz holds 2 contacts at Avis Budget Group, including the Senior Vice President Operations EMEA. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Travel around the same time
Companies in the same sectors as Avis Budget Group that raised within 45 days of this round, from Fundz verified event records.
- Odynn raised $9.5M (Seed) on February 19, 2026.
- eSIMo raised $10M on February 13, 2026.
- daypass.com raised $2M (Seed) on February 12, 2026.
- Flyte Aviation, Inc. raised $37M (Funding Round) on February 12, 2026.
- Naboo raised $70M (Series B) on February 10, 2026.
- Stoke Space raised $350M (Series D) on February 10, 2026.
Who to call at Avis Budget Group, and when
A new round usually means Avis Budget Group is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Avis Budget Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Avis Budget Group, from your own LinkedIn network
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Related People
Avis Budget Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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