Zipcar issued a $50 million series of variable funding notes under its existing ABS facility, increasing its total ABS funding line to $100 million.

The terms of the new series of ABS notes represent a modest improvement on the terms of the currently outstanding series of ABS notes. Barclays Capital structured the deal.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.