Report

Moody's: No adverse rating impact on Hertz rental car ABS following amendments

Moody's Investors Service announced today that the amendments to the base indenture, each of the series supplements, the master motor vehicle operating lease and servicing agreement (master lease), and the indemnification agreement would not, in and of themselves and as of this point in time, result...
Underlying
Hertz Vehicle Financing III LLC

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
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    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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