Thirty-Three Ratings Affirmed On 15 Ford Credit Floorplan Master Owner Trust A Transactions - S&P Global Ratings’ Credit Research

Thirty-Three Ratings Affirmed On 15 Ford Credit Floorplan Master Owner Trust A Transactions

Thirty-Three Ratings Affirmed On 15 Ford Credit Floorplan Master Owner Trust A Transactions - S&P Global Ratings’ Credit Research
Thirty-Three Ratings Affirmed On 15 Ford Credit Floorplan Master Owner Trust A Transactions
Published Jan 23, 2018
6 pages (2177 words) — Published Jan 23, 2018
Price US$ 150.00  |  Buy this Report Now

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Abstract:

OVERVIEW We reviewed 15 Ford Credit Floorplan Master Owner Trust A transactions backed by a revolving pool of receivables and related assets. We affirmed our ratings on 33 classes of notes from the 15 transactions. All 15 transactions are still in their revolving periods. The rating affirmations reflect our views regarding the strength of the manufacturer and the dealer base, collateral quality and receivables performance, each transaction's structure, and credit enhancement relative to our assumptions. NEW YORK (S&P Global Ratings) Jan. 23, 2018--S&P Global Ratings today affirmed its ratings on 33 classes from 15 Ford Credit Floorplan Master Owner Trust A transactions backed by a revolving pool of receivables and related assets originated and serviced by Ford Motor Credit Co.

  
Brief Excerpt:

...OVERVIEW + We reviewed 15 Ford Credit Floorplan Master Owner Trust A transactions backed by a revolving pool of receivables and related assets. + We affirmed our ratings on 33 classes of notes from the 15 transactions. All 15 transactions are still in their revolving periods. + The rating affirmations reflect our views regarding the strength of the manufacturer and the dealer base, collateral quality and receivables performance, each transaction's structure, and credit enhancement relative to our assumptions. NEW YORK (S&P Global Ratings) Jan. 23, 2018--S&P Global Ratings today affirmed its ratings on 33 classes from 15 Ford Credit Floorplan Master Owner Trust A transactions backed by a revolving pool of receivables and related assets originated and serviced by Ford Motor Credit Co. LLC (see list). Today's rating affirmations reflect the pool's collateral performance (loss and payment rates) to date, our views regarding its future collateral performance, the transaction structures, and...

  
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Thirty-Three Ratings Affirmed On 15 Ford Credit Floorplan Master Owner Trust A Transactions" Jan 23, 2018. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Thirty-Three-Ratings-Affirmed-On-15-Ford-Credit-Floorplan-Master-Owner-Trust-A-Transactions-1984246>
  
APA:
S&P Global Ratings’ Credit Research. (). Thirty-Three Ratings Affirmed On 15 Ford Credit Floorplan Master Owner Trust A Transactions Jan 23, 2018. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Thirty-Three-Ratings-Affirmed-On-15-Ford-Credit-Floorplan-Master-Owner-Trust-A-Transactions-1984246>
  
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