...+ We expect LeasePlan Corp. will remain focused on its current strategic targets, which have already shown supportive results, including improving earnings and lower credit losses than peers'. + We believe this will likely support stronger consolidated capitalization, help reduce double leverage at the ultimate holding company, and further improve financial flexibility. + We are therefore revising our outlook on LeasePlan to positive from stable, while affirming our '###-/A-3' ratings on LeasePlan and our '##+' rating on intermediate nonoperating holding company Lincoln Financing Holdings PTE Ltd. + The positive outlook on LeasePlan indicates that we could raise the ratings during the next 24 months if, combined with a solid credit loss track record, we continue to observe a stable risk appetite, satisfactory profitability, and robust financial resources. + The stable outlook on Lincoln reflects our view that double leverage will continue to reduce, albeit remaining relatively high over...
