S&P affirms Wheels

S&P said it affirmed its long-term issuer credit rating on Wheels Inc. at A and its short-term credit rating at A-1.

The outlook remains stable.

“Wheels continues to report stable earnings and market share growth in the fleet leasing market,” the agency said in a news release.

“The aggregate balance of the company's fleet portfolio has grown to $3.2 billion for the quarter ending November 2017 from $2.95 billion for the same period in 2015.”

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