Avis Budget Group, Inc.: Rating Report

Ratings

• Avis Budget Car Rental, LLC

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  18-Aug-20	Long-Term Issuer Rating	B	Neg	Confirmed	US
  18-Aug-20	Long-Term Senior Debt	B (low)	Neg	Confirmed	US

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• Avis Budget Group, Inc.

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  18-Aug-20	Long-Term Issuer Rating	B	Neg	Confirmed	US
  18-Aug-20	Long-Term Senior Debt	B (low)	Neg	Confirmed	US

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