(Editor's note: In the fifth paragraph of this article, originally published earlier today, the number of cars under management by LeasePlan was misstated. A corrected version of the article follows.) On Sept. 9, 2004, Standard&Poor's Ratings Services assigned its 'A-' long-term counterparty credit rating to Dutch car leasing and fleet management company LeasePlan Corporation N.V. (LeasePlan). At the same time, Standard&Poor's also affirmed its 'A-2' short-term counterparty credit rating on LeasePlan. The outlook is stable. The ratings are supported by LeasePlan's leading market position, wide geographic diversification, high and stable profitability, sound asset quality, and adequate capitalization. The ratings are constrained, however, by the company's concentration on one single business segment, relatively high cost base, and
