Ford Credit Floorplan Master Owner Trust A Notes Series 2016-3 Assigned Ratings

OVERVIEW Ford Credit Floorplan Master Owner Trust A's series 2016-3 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, underlying payment structure, and Ford Motor Credit Co. LLC's servicing experience, among other factors. NEW YORK (S&P Global Ratings) July 26, 2016--S&P Global Ratings today assigned its ratings to Ford Credit Floorplan Master Owner Trust A's asset-backed notes series 2016-3 (see list). The note issuance is an asset-backed securities transaction backed by a revolving pool of

...OVERVIEW + Ford Credit Floorplan Master Owner Trust A's series 2016-3 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, underlying payment structure, and Ford Motor Credit Co. LLC's servicing experience, among other factors. NEW YORK (S&P Global Ratings) July 26, 2016--S&P Global Ratings today assigned its ratings to Ford Credit Floorplan Master Owner Trust A's asset-backed notes series 2016-3 (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 reflects: + Our view that...

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