Credit Rating Report

Hertz Vehicle Financing III LLC, Series 2025-3 and Series 2025-4 Rental Car Asset Backed Notes: Credit Rating Report

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Summary

DBRS, Inc. (Morningstar DBRS) finalized its provisional credit ratings on the classes of notes issued by Hertz Vehicle Financing III LLC, Series 2025-3 and Hertz Vehicle Financing III LLC, Series 2025-4

Ratings

Hertz Vehicle Financing III LLC, Series 2025-3
  • Date Issued:Jun 30, 2025
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 30, 2025
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 30, 2025
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 30, 2025
  • Rating Action:Provis.-Final
  • Ratings:BB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
Hertz Vehicle Financing III LLC, Series 2025-4
  • Date Issued:Jun 30, 2025
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 30, 2025
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 30, 2025
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 30, 2025
  • Rating Action:Provis.-Final
  • Ratings:BB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • 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

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