Enterprise is marketing a $750 million  rental fleet ABS. The capital structure includes one $750 million tranche of floating rate variable funding asset-backed notes with a final payment date October 3, 2017. The offering has been rated 'Aaasf' by Moody's Investors Service.

In a presale report, Moody's said that the issuer's portfolio is very granular compared with the portfolios of other fleet lease ABS sponsors.

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