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 preliminary ratings to the class A notes. The preliminary 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) Sept. 25, 2009--Standard&Poor's Ratings Services today assigned its 'AAA' preliminary rating to Ford Credit Floorplan Master Owner Trust A's $1.0 billion floating-rate asset-backed notes series 2009-2. The preliminary rating is based on information as of Sept. 25,
