Ford Credit Floorplan Master Owner Trust A 2011-2 Notes Assigned Preliminary Ratings Oct 11
- ID: 1929063
- October 2011
- Standard & Poors
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
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Research type: News
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