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27 Σεπ 2019 · Fitch Ratings - Chicago - 27 Sep 2019: Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Penske Truck Leasing Co., L.P. and its rated subsidiaries at 'BBB+' following Fitch's annual review of commercial fleet leasing companies. The Rating Outlook is Stable.
10 Οκτ 2017 · Fitch Ratings-Chicago-10 October 2017: Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) and unsecured debt rating of Penske Truck Leasing Co., L.P. and its subsidiaries (collectively, Penske) at 'BBB+', following the completion of its fleet leasing peer review, which includes four publicly rated firms.
12 Σεπ 2022 · Penske's score is currently 'bbb'. Accordingly, Fitch has assigned a Short-Term IDR of 'F2'. The unsecured debt rating is equalized with the Long-Term IDR, reflecting the predominately unsecured funding profile and the presence of unencumbered assets, which suggest average recoveries under a stress scenario.
Our 'BBB' issuer credit rating on Penske reflects its strong market positions in full-service truck leasing and commercial truck rentals. The company primarily generates revenue from long-term leases that produce relatively strong and stable cash flow, even during periods of economic weakness.
23 Οκτ 2024 · View customer reviews of Penske Truck Leasing Co. L.P., Inc.. Leave a review and share your experience with the BBB and Penske Truck Leasing Co. L.P., Inc..
View customer reviews of Penske. Leave a review and share your experience with the BBB and Penske.