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)