OVERVIEW Ford Credit Floorplan Master Owner Trust A's series 2014-3 issuance is an ABS transaction backed by a revolving pool of receivables from dealers that purchased and financed primarily new and used Ford-manufactured cars, trucks, and utility vehicles. We assigned our 'AAA (sf)' rating to the class A notes. The rating reflects our view of the transaction's underlying payment and legal structures and cash flow mechanics, among other factors. NEW YORK (Standard&Poor's) June 30, 2014--Standard&Poor's Ratings Services today assigned its 'AAA (sf)' rating to Ford Credit Floorplan Master Owner Trust A's $400 million asset-backed notes series 2014-3. The note issuance is an asset-backed securities transaction backed by a revolving pool of receivables from dealers that purchased
