Enterprise Rent a Car is tapping the securitization market for $750.2 million to finance fleets of cars and trucks that it rents to companies.

The deal, Enterprise Fleet Financing, LLC, Series 2017-1 will issue three classes of notes with preliminary ratings from Fitch Ratings: $197 million of money market notes is rated F1+ and two tranches of notes maturing in July 2022 totaling $553.2 million are rated AAA.

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