Avis Budget Rental Car $825 million ABS issue

10/11/2015

Asset Backed Securities (ABS)

Value:

$ 825 million

Status:

Completed

Date:

10/11/2015

Overview:

Avis Budget Rental Car Funding offered $825 million Series 2015-3 Rental Car Asset Backed Variable Funding Notes.
JP Morgan Chase Bank acted as administrative agent.

Rani Mehta - Journalist

Jurisdiction:

United States

Deal type:

Asset Backed Securities (ABS)

Practice area:

Capital markets : Structured finance and securitisation

Industry sector:

Automotive

Firm:

Simpson Thacher & Bartlett

Party: JP Morgan (Administrator)

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