DBRS Morningstar Discontinues Ratings on Hertz Fleet Lease Funding LP, Series 2016-1

DBRS, Inc. (DBRS Morningstar) discontinued the ratings on the Series 2016-1, Class A-1 Notes; the Series 2016-1, Class A-2 Notes; the Series 2016-1, Class B Notes; the Series 2016-1, Class C Notes; the Series 2016-1, Class D Notes; and the Series 2016-1, Class E Notes issued by Hertz Fleet Lease Funding LP, Series 2016-1 due to repayment.

DBRS Morningstar notes that the above press release was amended on June 2, 2020, to include the repayment of the Series 2016-1, Class E Notes.

Notes:
The principal methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on dbrsmorningstar.com under Methodologies & Criteria.

For more information regarding rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/357883.

The rated entity or its related entities did not participate in the rating process for this rating action. DBRS Morningstar had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

For more information on this credit or on this industry, visit www.dbrsmorningstar.com or contact us at [email protected].

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