Moody's assigns provisional rating to Hertz Vehicle Financing II LP, Series 2016-1 senior rental car ABS

New York, February 01, 2016 -- Moody's Investors Service has assigned provisional rating of (P) Aaa (sf) to the Class A notes of the Series 2016-1 Rental Car Asset-Backed Notes issued by Hertz Vehicle Financing II LP (HVF II, or the Issuer). The Class A notes have an expected maturity of approximately three years and are supported by Class B notes, Class C notes and Class D notes, which are not rated by Moody's and are subordinate to the Class A notes. HVF II is a special purpose limited partnership and a wholly-owned indirect subsidiary of The Hertz Corporation (Hertz; B1 corporate family rating and probability of default rating, with a stable outlook). HVF II is Hertz's primary rental car securitization platform in the U.S.

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