OVERVIEW Ford Credit Floorplan Master Owner Trust A's series 2010-5 note issuance is a securitization of fixed- and floating-rate asset-backed notes. We assigned our ratings to the class A-1, A-2, B, C, and D notes. The ratings reflect our view of the transaction's credit enhancement, cash flow structure, and collateral portfolio, as well as our stress scenarios, among other factors. NEW YORK (Standard&Poor's) Oct. 11, 2010--Standard&Poor's Ratings Services today assigned its ratings to Ford Credit Floorplan Master Owner Trust A's $586.666 million asset-backed notes series 2010-5 (see list). Ford Credit Floorplan Master Owner Trust A's series 2010-5 note issuance is a securitization of fixed- and floating-rate asset-backed notes. The ratings reflect our assessment of: Our view
