IFLR1000

Enterprise Fleet Finacing $840 million asset backed notes issue

4/2/2015
Asset Backed Securities (ABS)
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$ 840 million

Completed

4/2/2015

Overview:

  • Enterprise Fleet Finacing, a car rental company, issued a series of asset-backed notes.
  • This included the issue of $268 million .36% notes, $554 million 1.3% notes and $128 million 1.74% notes.
  • Merrill Lynch Pierce, Fenner & Smith, JP Morgan Securities and Wells Fargo Securities acted as joint bookrunners.

Rani Mehta - Journalist 

 

 

 

Jurisdiction:

United States

Deal type:

Asset Backed Securities (ABS)

Practice area:

Capital markets : Structured finance and securitisation

Industry sector:

Automotive

Firm:
Simpson Thacher & Bartlett

Party: Merrill Lynch Pierce Fenner & Smith (Initial purchaser)

Party: JP Morgan Securities (Initial purchaser)

Party: Wells Fargo Securities (Initial purchaser)

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