Press Release

DBRS Discontinues Rating on Ford Credit Floorplan Master Owner Trust A Series 2010-1

Auto
January 22, 2013

DBRS, Inc. (DBRS) has discontinued its ratings on the Notes issued by Ford Credit Floorplan Master Owner Trust A Series 2010-1 due to repayment of the Notes. The following ratings have been discontinued:

-Series 2010-1 Notes, Class A previously rated AAA (sf) are now rated Discontinued-Repaid.
-Series 2010-1 Notes, Class B previously rated AA (sf) are now rated Discontinued-Repaid.
-Series 2010-1 Notes, Class C previously rated ‘A’ (sf) are now rated Discontinued-Repaid.

Notes:
The applicable methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

Ratings

Ford Credit Floorplan Master Owner Trust A
  • Date Issued:Jan 22, 2013
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 22, 2013
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 22, 2013
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • 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.