Ford Credit Floorplan Master Owner Trust A Series 2024-2 Assigned Preliminary Ratings

Ford Credit Floorplan Master Owner Trust A's issuances are ABS securitizations 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 and B notes. The preliminary ratings reflect our view of the transactions' credit enhancement and payment and legal structures, among other factors. NEW YORK (S&P Global Ratings) May 2, 2024--S&P Global Ratings today assigned its preliminary ratings to Ford Credit Floorplan Master Owner Trust A's asset-backed notes series 2024-2 (see list). The note issuances are ABS securitizations backed by a revolving pool of receivables that were originated in connection with dealers purchasing and

...- Ford Credit Floorplan Master Owner Trust A's issuances are ABS securitizations 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 and B notes. - The preliminary ratings reflect our view of the transactions' credit enhancement and payment and legal structures, among other factors. NEW YORK (S&P Global Ratings) May 2, 2024--S&P Global Ratings today assigned its preliminary ratings to Ford Credit Floorplan Master Owner Trust A's asset-backed notes series 2024-2 (see list). The note issuances are ABS securitizations 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 preliminary ratings are based on information as of May 2, 2024. Subsequent information may...

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