Hertz has issued a $575 million rental car fleet securitization deal.

Moody's Investors Service has assigned the deal structure a provisional ratings of 'Aaa' (sf) to the class A-1 and class A-2 notes; and 'Baa2' (sf) to the Class B-1 and Class B-2 notes. 
 

The Class A-1 and Class B-1 notes will have an expected maturity of approximately three years. The Class A-2 and Class B-2 notes will have an expected maturity of approximately five years. The Class B notes will be subordinated to the Class A notes.   
 

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