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  1. 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.

  2. disclosure.spglobal.com › en › regulatoryS&P Global Ratings

    Therefore, we affirmed our ratings on Penske, including our 'BBB' issuer credit rating, and revised our outlook to positive from stable.

  3. 11 Οκτ 2016 · Penske is a partnership between Penske Truck Leasing Corporation 41.08%, Penske Automotive 23.42%, Mitsui & Co., Ltd 20.0%, and GE Capital 15.5%. Fitch has affirmed the following ratings: Penske Truck Leasing Co. L.P.--Long-Term IDR at 'BBB+';--Senior unsecured debt at 'BBB+'. PTL Finance Corporation--Long-Term IDR at 'BBB+';

  4. Penske Capital Partners is a 1997 vintage buyout fund managed by TRP Capital Partners. The fund is based in Birmingham, Michigan. The fund will focus in the sector of transportation.

  5. disclosure.spglobal.com › ratings › enS&P Global Ratings

    NEW YORK (S&P Global Ratings) Sept. 10, 2019--S&P Global Ratings today assigned its 'BBB' issue-level rating to Penske Truck Leasing Co. L.P.'s proposed senior unsecured notes. The company plans to use the proceeds to refinance existing debt and for ...

  6. disclosure.spglobal.com › ratings › ptS&P Global Ratings

    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.

  7. 1 Απρ 2020 · Fitch Ratings - Chicago - 01 Apr 2020: Fitch Ratings expects to assign a 'BBB+' rating to Penske Truck Leasing Co., L.P. and PTL Finance Corporation's (collectively, Penske) proposed issuance of $300 million, five-year senior unsecured notes due July 2025.

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