Fitch Downgrades Two Classes of Ford Credit Floorplan Notes

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MarketWatch.com - May 3, 2010

Fol­low­ing a review of all out­stand­ing deal­er floor­plan asset-backed secu­ri­ties, Fitch Rat­ings down­grad­ed two class­es of out­stand­ing notes issued by Ford Cred­it Floor­plan Mas­ter Own­er Trust. Fitch removed the notes from Rat­ing Watch Neg­a­tive and assigned Sta­ble Out­looks to both.