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Although the buying entity is taking into consideration to increase the credit rating ranking in the Hertz Corporation to AAA, so which they will be able to elevate money ABS funding.
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2nd, it is actually Given that The 2 entities the Ambac fiscal team and MBIA Inc. will issue the ABS securities by changing it into AAA ranking and these entities will make sure the desire and principal payment. This can also boost the score of the Hertz Company and therefore they should be able to elevate finance at lessen fascination price.
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