...- Ford Auto Securitization Trust II's issuance is an ABS securitization backed by a pool of Canadian dollar-denominated fixed-rate prime auto loan receivables originated by Ford Credit Canada Co. - We assigned our preliminary ratings to the class A-1, A-2, A-3, B, and C notes. - The preliminary ratings reflect our view of the transaction's credit enhancement and payment and legal structures, among other factors. NEW YORK (S&P Global Ratings) Oct. 13, 2022--S&P Global Ratings today assigned its preliminary ratings to Ford Auto Securitization Trust II's asset-backed notes (see list). The note issuance is an ABS securitization backed by a pool of Canadian dollar-denominated fixed-rate prime auto loan receivables originated by Ford Credit Canada Co. The preliminary ratings are based on information as of Oct. 13, 2022. Subsequent information may result in the assignment of final ratings that differ from the preliminary ratings. The preliminary ratings reflect our view of: - The availability...
