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Moody's Ratings assigns definitive ratings to Merchants fleet lease AB...

Moody's Ratings (Moody's) has assigned definitive ratings to the series 2025-1 asset-backed notes (the series 2025-1 notes) issued by Merchants Fleet Funding LLC (the issuer). The underlying collateral backing the notes primarily consist of a first-priority security interest in the beneficial owners...

Merchants Fleet Funding LLC, Series 2025-1: Pre-Sale - Merchants Fleet...

This report explores the credit quality of the transaction, including both credit strengths and challenges, and addresses the transaction’s assets and structure.

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