Enterprise Fleet Financing 2026-4 LLC's issuance is an ABS securitization backed by a special unit of beneficial interest in lease contracts and underlying vehicles. We assigned our preliminary ratings to the class A-1, A-2, A-3, and A-4 notes. The preliminary ratings reflect our view of the transaction's credit support, collateral characteristics, and legal structure, among other factors. ENGLEWOOD (S&P Global Ratings) Oct. 22, 2026--S&P Global Ratings today assigned its preliminary ratings to Enterprise Fleet Financing 2026-4 LLC 's asset-backed notes (see list). The note issuance is an ABS securitization backed by a special unit of beneficial interest in lease contracts and underlying vehicles. The preliminary ratings are based on information as of Oct. 22, 2026. Subsequent information may result in