Avis Budget Group Inc. Sees $224 Million Trading Volume Surge, Ranks 462nd in Active Stocks Despite Price Decline

On July 21, 2025, Avis Budget Group, Inc. (CAR) saw a significant increase in trading volume, with a total of $224 million in shares traded, marking a 95.41% rise from the previous day. This surge placed Avis among the top 462 most actively traded stocks for the day. However, despite the high trading volume, the stock price of Avis Budget Group, Inc. (CAR) experienced a decline of 1.25%, marking the second consecutive day of losses, with a total decrease of 3.06% over the past two days.

Avis Budget Group, Inc. recently refinanced its existing tranche B term loans with new repriced loans under a Tenth Amendment to their credit agreement with JPMorgan Chase Bank. The new loans, totaling $1.149 billion, will mature in 2032 and offer a choice of interest rates. This refinancing is part of Avis Budget’s financial strategy to manage its debt obligations effectively.

On July 16, 2025, Avis Budget Group, Inc. refinanced existing loans totaling approximately $1.15 billion under a new term agreement. This move is part of the company's efforts to manage its debt and financial obligations more effectively.

On the Closing Date, pursuant to the Tenth Amendment, the Borrower refinanced the existing tranche B term loans under the Sixth A&R Credit Agreement. This refinancing is a strategic move by Avis Budget Group, Inc. to manage its debt and financial obligations more effectively.