NEW YORK--(BUSINESS WIRE)--Fitch Ratings expects to assign a rating of 'BBB+' to the CAD$125 million senior unsecured debt issued by Penske Truck Leasing Canada Inc. (PTL Canada) maturing June 12, 2020. The debt is expected to rank pari-passu with all other senior unsecured debt issued by PTL Canada and its parent, Penske Truck Leasing Co., L.P. (PTL) in terms of payment priority. KEY RATING DRIVERS SENIOR UNSECURED DEBT The expected unsecured debt rating is equalized with PTL's Issuer Default