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Fitch Affirms Porsche Innovative Lease Owner Trusts 2013-1 and 2014-1; Outlooks Remain Stable

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings affirms Porsche Innovative Lease Owner Trusts 2013-1 and 2014-1. A full list of rating actions follows at the end of this release. KEY RATING DRIVERS The ratings affirmations for the Class A notes of both transactions reflect loss coverage levels consistent with their current ratings. Hard credit enhancement (CE) has grown for all class notes since close and residual performance for both transactions has produced cumulative gains. The Stable Outlooks refl

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