Enterprise Fleet Financing $850 million asset-backed series 2 note issue

1/7/2015

Investment grade bond/note issue

Value:

$ 850 million

Status:

Completed

Date:

1/7/2015

Overview:

Enterprise Fleet Financing issued $850 million of its Series 2 asset-backed notes.
This included the offer of $216 million .48% notes, $503 million 1.59% notes and $131.2 million 2.09% notes.
JP Morgan Securities, Merrill Lynch Pierce, Fenner & Smith and Mitsubishi UFJ Securities acted as joint bookrunners.

Rani Mehta - Journalist

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Automotive

Firm:

Simpson Thacher & Bartlett

Party: JP Morgan Securities (Initial purchaser)

Party: Merrill Lynch Pierce Fenner & Smith (Initial purchaser)

Party: Mitsubishi UFJ Securities (Initial purchaser)

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