DBRS confirms Enterprise

DBRS said it confirmed Enterprise Holdings, Inc.'s issuer rating at A (low).

The trend is stable.

The confirmation considers the company's leading market position in the home city and on-airport rental markets, strong and resilient earnings generation ability and its sound, well-managed financial profile, DBRS said.

The ratings also reflect the company's demonstrated ability to manage both corporate and fleet costs, which is notable given continued uncertainties as to the sustainability of the current economic recovery, the agency said.

DBRS said a key ratings consideration is Enterprise's ability to generate strong and resilient earnings from its businesses.

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