...OVERVIEW + Ford Credit Floorplan Master Owner Trust A's series 2016-1 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 preliminary ratings to the class A, B, and C notes. + The preliminary ratings reflect our view of the transaction's credit support, underlying payment structure, and Ford Motor Credit Co. LLC's servicing experience, among other factors. NEW YORK (Standard & Poor's) Feb. 4, 2016--Standard & Poor's Ratings Services today assigned its preliminary ratings to Ford Credit Floorplan Master Owner Trust A's asset-backed notes series 2016-1 (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....
