Automotive Rentals Inc. is in the market with a $554.45 million securitization of fleet leases, according to Fitch Ratings.

ARI Fleet Lease Trust 201-A will issue a $192 million three classes of notes rated by Fitch Ratings, a $193 million money market tranche and two ‘AAA’ rated tranches maturing in November 2018 and September 2023. All three benefit from credit enhancement of 8.35%.

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