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Moody's assigns definitive ratings to Element's new series of fleet le...

Moody's Investors Service ("Moody's") has assigned definitive ratings to the Series 2023-2 asset backed notes issued by Chesapeake Funding II LLC (CF II), a bankruptcy-remote special purpose entity and an indirect wholly-owned subsidiary of Element Fleet Management Corp. (Element, formerly known as ...

Moody's: No adverse rating impact on the Series 2020-1, 2021-1, and 20...

Moody's Investors Services ("Moody's") announced today that the amendments to the amended and restated base indenture, dated as of April 7, 2017, by and between the Issuer and The Bank of New York Mellon (the "Base Indenture") and each of the Series 2020-1, Series 2021-1, and Series 2023-1 indenture...

Moody's assigns definitive ratings to Element's new series of fleet le...

Moody's Investors Service (Moody's) has assigned definitive ratings to the Series 2023-1 asset backed notes issued by Chesapeake Funding II LLC (CF II), a bankruptcy-remote special purpose entity and an indirect wholly-owned subsidiary of Element Fleet Management Corp. (Element, formerly known as El...

Moody's: No adverse rating impact on the Series 2018-3, 2019-1, 2019-2...

Moody's Investors Service ("Moody's") announced today that the amendment of the required hedging arrangements in the base indenture and supplemental indentures to replace LIBOR with the applicable benchmark, initially SOFR, would not, in and of itself and as of this point in time, result in a reduct...

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