CHICAGO--([ BUSINESS WIRE ])--Fitch Ratings assigns ratings and Outlooks to Enterprise Fleet Financing LLC, Series 2012-2 as detailed below.
--$169,000,000 class A-1 notes 'F1+sf';
--$339,000,000 class A-2 notes 'AAAsf'; Outlook Stable;
--$92,800,000 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 2012-2', dated Sept. 17, 2012, which is available on Fitch's web site.
Additional information is available at '[ www.fitchratings.com ]'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.
Applicable Criteria and Related Research:
--'Criteria for Rating U.S. Auto Lease ABS' dated May 14, 2012;
--'Global Rating Criteria for Corporate CDOs' dated Aug. 8, 2012;
--'Global Structured Finance Rating Criteria' dated June 6, 2012.
Applicable Criteria and Related Research:
Criteria for Rating U.S. Auto Lease ABS
[ http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=678137 ]
Global Rating Criteria for Corporate CDOs
[ http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=683910 ]
Global Structured Finance Rating Criteria
[ http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=679923 ]
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