OVERVIEW Ford Credit Floorplan Master Owner Trust A is a securitization of a revolving pool of receivables that were originated in connection with dealers' purchase and financing of new and used car and truck inventories, which consist primarily Ford manufactured vehicles. We assigned our rating to the class A notes. The ratings reflect our view of the transaction's credit support, collateral pool, payment and legal structures as well as our cash flow modeling scenarios. NEW YORK (Standard&Poor's) Oct. 12, 2009--Standard&Poor's Ratings Services today assigned its 'AAA' rating to Ford Credit Floorplan Master Owner Trust A's $1.5 billion floating-rate asset-backed notes series 2009-2. The rating reflects: Our view that the 48.06% hard credit support, which is expressed
