Fitch Ratings Wthdrs Rtgs On Enterprise Rent-A-Car Co. & Sub.
Business Editors
CHICAGO--(BUSINESS WIRE)--March 8, 2002
Fitch Ratings is withdrawing its 'A-' senior debt and 'F2' commercial paper ratings for Enterprise Rent-A-Car Co. (Enterprise) and its subsidiary, ERAC USA Finance Co. (ERAC). The ratings are being withdrawn at the request
Based in St. Louis, MO, Enterprise is the largest car rental company in the U.S. based on fleet size and locations. Additionally, the company is also a large vehicle fleet lessor to U.S. companies. Enterprise is privately owned and controlled by the Taylor family.
The withdrawn ratings are summarized below:
Enterprise Rent-A-Car Co. Long-term 'A-'; Short-term 'F2'; Rating Outlook Positive. ERAC USA Finance Co. Long-term 'A-'; Short-term 'F2'; Rating Outlook Positive.
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