Ford Credit Floorplan Master Owner Trust A Notes Series 2015-4 Assigned Ratings

OVERVIEW Ford Credit Floorplan Master Owner Trust A's series 2015-4 issuance is an ABS transaction backed by a revolving pool of receivables that were originated in connection with dealers purchasing and financing primarily Ford-manufactured new and used cars, trucks, and utility vehicles. We assigned our ratings to the class A-1, A-2, and B notes. The ratings reflect our view of the transaction's credit support, payment rate triggers, and underlying payment structure, among other factors. NEW YORK (Standard&Poor's) Aug. 18, 2015--Standard&Poor's Ratings Services today assigned its ratings to Ford Credit Floorplan Master Owner Trust A's asset-backed notes series 2015-4 (see list). The note issuance is an asset-backed securities transaction backed by a revolving pool of receivables that

...OVERVIEW + Ford Credit Floorplan Master Owner Trust A's series 2015-4 issuance is an ABS transaction backed by a revolving pool of receivables that were originated in connection with dealers purchasing and financing primarily Ford-manufactured new and used cars, trucks, and utility vehicles. + We assigned our ratings to the class A-1, A-2, and B notes. + The ratings reflect our view of the transaction's credit support, payment rate triggers, and underlying payment structure, among other factors. NEW YORK (Standard & Poor's) Aug. 18, 2015--Standard & Poor's Ratings Services today assigned its ratings to Ford Credit Floorplan Master Owner Trust A's asset-backed notes series 2015-4 (see list). The note issuance is an asset-backed securities transaction backed by a revolving pool of receivables that were originated in connection with dealers purchasing and financing primarily Ford-manufactured new and used cars, trucks, and utility vehicles. The ratings reflect: + Our view that the 24.38% and...

Ratings Action