RPT-Fitch to Rate Enterprise Fleet Financing LLC Series 2014-1; issues presale

Mon Feb 10, 2014 8:36am EST

Feb 10 (Reuters) - (The following statement was released by the rating agency)

Fitch Ratings expects to assign the following ratings and Outlooks to Enterprise Fleet Financing LLC, series 2014-1:

--$216,000,000 class A-1 notes 'F1+sf';

--$484,000,000 class A-2 notes 'AAAsf'; Outlook Stable;

--$101,200,000 class A-3 notes 'AAAsf'; Outlook Stable.

Fitch's stress and rating sensitivity analysis are discussed in the presale report titled 'Enterprise Fleet Financing LLC, Series 2014-1, released today.

The presale report details how Fitch addresses the key rating drivers which are summarized below.

Link to Fitch Ratings' Report: Enterprise Fleet Financing, LLC Series 2014-1 (US ABS)

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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