Credit Rating Report

Hertz Vehicle Financing III LLC Series 2021-1 and Series 2021-2 Rental Car Asset Backed Notes: Rating Report

Auto

Summary

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the following notes issued by Hertz Vehicle Financing III LLC:

-- Series 2021-1, Class A Notes at AAA (sf)
-- Series 2021-1, Class B Notes at A (sf)
-- Series 2021-1, Class C Notes at BBB (sf)
-- Series 2021-1, Class D Notes at BB (sf)
-- Series 2021-2, Class A Notes at AAA (sf)
-- Series 2021-2, Class B Notes at A (sf)
-- Series 2021-2, Class C Notes at BBB (sf)
-- Series 2021-2, Class D Notes at BB (sf)

Ratings

Hertz Vehicle Financing III LLC, Series 2021-1
  • Date Issued:Jun 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Jun 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Jun 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Jun 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:BB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
Hertz Vehicle Financing III LLC, Series 2021-2
  • Date Issued:Jun 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Jun 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Jun 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Jun 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:BB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • 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

Enjoying our exclusive insights?

Register for a free account to get unrestricted access to our in-depth research, presale and ratings reports, and more. Access is limited for unregistered users.

Related Documents

Issuers

Contacts

More from Morningstar DBRS

Related Events

All Events