Date of Release: 2001-02-09
Kent Wideman, CFA / Jarmo Saari, CFA
(416) 593-5577 x235/x257
e-mail:
kwideman@dbrs.comDBRS is assigning a rating of A (low) to the proposed offering of unsecured senior notes by ERAC Canada Finance Ltd. This rating is based on the unconditional guarantee from the parent, Enterprise Rent-A-Car Company.
DBRS is a Toronto-based, full-service credit rating agency established in 1976. Privately-owned and operated without affiliation to any organization, DBRS is respected for its independent, third-party evaluations of corporate and government issues, spanning North America, Europe and Asia. DBRS’ extensive coverage of securitizations and structured finance transactions solidifies our standing as a leading provider of comprehensive, in-depth credit analysis.
ALL DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES AND METHODOLOGIES.
