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Ford Credit Floorplan Master Owner Trust A 2011-2 Notes Assigned Preliminary Ratings Oct 11 Product Image

Ford Credit Floorplan Master Owner Trust A 2011-2 Notes Assigned Preliminary Ratings Oct 11

  • ID: 1929063
  • October 2011
  • Standard & Poors

Abstract
OVERVIEW Ford Credit Floorplan Master Ownter Trust A's series 2011-2 note issuance is an asset-backed securitization backed by a revolving pool of receivables that were originated in connection with dealers' purchase and financing of new and used car, truck, and utility vehicles, which consist primarily of Ford-manufactured vehicles. We assigned our preliminary ratings to the class A-1, A-2, B, C, and D notes. The preliminary ratings reflect our view of the transaction's credit support, payment and legal structures, and pool characteristics, among other factors. NEW YORK (Standard & Poor's) Oct. 4, 2011--Standard & Poor's Ratings Services today assigned its preliminary ratings to Ford Credit Floorplan Master Owner Trust A's asset-backed notes series 2011-2 (see list). The note issuance is an...

Companies mentioned in this report are: Ford Credit Floorplan Master Owner Trust A
Action: Preliminary Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Ford Credit Floorplan Master Owner Trust A

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