Enterprise Fleet Management is tapping the securitization market for the second time this year.

The deal, Enterprise Fleet Financing, LLC, Series 2016-2, will issue $750.2 million of notes with preliminary ratings from Fitch Ratings and Standard & Poor's: a $188 million money market tranche and two classes of triple-A rated notes maturing in February 2022, all of which benefit from 8.68% credit enhancement.

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