TEXT-Moody's rates FORD 2003-A retail auto deal

Newswire

(The following statement was released by the ratings agency). Approximately $3 Billion of Asset-Backed Securities Rated. LONDON, Jan 24 - Moody's Investors Service has assigned ratings of Prime-1 to the Class A-1 Notes, Aaa to each of the Class A-2a through A-4b notes, A1 to the Class B Notes, and Baa2 to the Class C Notes issued by Ford Credit Auto Owner Trust 2003-A. The ratings are based on the quality of the underlying auto loans and their expected performance, the strength of the ...

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