DBRS Rates Ford Credit Floorplan Master Owner Trust A Series 2009-2

DBRS has assigned final ratings to the $1.5 billion Ford Credit Floorplan Master Owner Trust A 2009-2 (FCFMOTA 2009-2). The FCFMOTA 2009-2 transaction represents the second securitization of Ford Motor Credit Corporation’s (Ford Credit) wholesale receivables this year and the first publicly issued series since 2006. The primary assets of the issuer are receivables originated in connection with the purchase and financing by motor vehicle dealers of their new and used car and truck inventory. DBRS considers these assets to be a core asset of Ford Credit, and their parent, Ford Motor Company.

Note:
All figures are in U.S. dollars unless otherwise noted.

The Pre-sale report describing this transaction is available at www.dbrs.com.

This rating is based on public information and the applicable methodology is DBRS Rating Criteria for US Auto Loan-Backed Transactions, dated June 2004.