Press Release

DBRS Assigns Provisional Ratings to Hertz Fleet Lease Funding LP, Series 2015-1

Auto
June 02, 2015

DBRS, Inc. (DBRS) has today assigned provisional ratings to the following classes issued by Hertz Fleet Lease Funding LP, Series 2015-1:

-- Series 2015-1 Notes, Class A at AAA (sf)
-- Series 2015-1 Notes, Class B at AA (high) (sf)
-- Series 2015-1 Notes, Class C at A (high) (sf)
-- Series 2015-1 Notes, Class D at BBB (high) (sf)
-- Series 2015-1 Notes, Class E at BBB (sf)

Notes:
All figures are in U.S. dollars unless otherwise noted.

The Rule 17g-7 Report of Representations and Warranties is hereby incorporated by reference and can be found by clicking on the link or by contacting us at info@dbrs.com.

The applicable methodology is Rating U.S. Auto Fleet Lease Securitizations, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

The full report providing additional analytical detail is available by clicking on the link or by contacting us at info@dbrs.com.

Ratings

Hertz Fleet Lease Funding LP, Series 2015-1
  • 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

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.