Press Release

DBRS Discontinues Rating of Ford Floorplan Auto Securitization Trust, Series 2006-2, Class A and Class B Notes

Auto
December 11, 2009

DBRS has today discontinued the rating of Series 2006-2, Class A and Class B Notes (the Notes), issued by Ford Floorplan Auto Securitization Trust (FFAST) as the Notes were fully repaid as of November 16, 2009.

Notes:

The applicable internal methodology is Canadian Wholesale Floorplan Methodology.

This is a Structured Finance rating.

Ratings

Ford Floorplan Auto Securitization Trust
  • Date Issued:Dec 11, 2009
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Dec 11, 2009
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.