Fitch Rates Ford Credit Auto Owner Trust 2010-B
NEW YORK--Fitch Ratings assigns the following ratings to Ford Credit Auto Owner Trust 2010-B asset-backed notes:
--$353,000,000 class A-1 'F1+';
--$273,300,000 class A-2 'AAA'; Outlook Stable;
--$473,400,000 class A-3 'AAA'; Outlook Stable;
--$192,840,000 class A-4 'AAA'; Outlook Stable;
--$40,810,000 class B 'AA'; Outlook Stable;
--$27,210,000 class C 'A'; Outlook Stable;
--$27,210,000 class D 'BBB'; Outlook Stable.
For more information, see the Ford Credit Auto Owner Trust 2010-B presale report, available to all investors on Fitch's corporate site, www.fitchratings.com.
The above rating reflects the application of Fitch's criteria "U.S. Auto Loan ABS Rating Criteria" dated March 18, 2010; and "Global Structured Finance Rating Criteria" dated Sept. 30, 2009.
Additional information is available at www.fitchratings.com.
Related Research:
U.S. Auto Loan ABS Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=505158
Global Structured Finance Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=469406
ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE WWW.FITCHRATINGS.COM. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.