NEW YORK (Standard&Poor's) June 2, 2009--Standard&Poor's Ratings Services today made public its 'AAA' rating on the class A notes from Ford Credit Floorplan Master Owner Trust A's series 2006-1, at the request of the issuer. We recently affirmed the 'AAA' rating following the execution of Amendment No. 3 to the Series 2006-1 Indenture Supplement, which increased the required subordination amount to 27.25% from 15.50%. The additional credit enhancement, combined with the existing 1.0% in the reserve account, brings total credit enhancement to 28.25%, which is consistent with our 'AAA' rating for this series based on our current criteria and methodologies. We measure the credit enhancement as a percentage of the outstanding collateral balance.
