Fitch Rates Ford Credit Floorplan Master Owner Trust A Series 2016-5; Outlook Stable

NEW YORK–(BUSINESS WIRE)–Fitch Ratings rates Ford Credit Floorplan Master Owner Trust A (FCFMOTA) series 2016-5 as follows: — $675,000,000 class A-1 ‘AAAsf ‘; Outlook Stable; — $325,000,000 class A-2 ‘AAAsf’; Outlook Stable; — $45,752,000 class B ‘AAsf’; Outlook Stable; — $65,359,000 class C NR; — $39,216,000 class D NR. KEY RATING DRIVERS Consistent Receivables Quality: Over 90% of the trust receivables are originated from credit lines made by Ford Credit to finance new vehicle inventor