TEXT-S&P takes actions on 20 Ford Credit Auto Owner Trust


(The following statement was released by the rating agency) OVERVIEW -- We reviewed 20 Ford Credit Auto Owner Trust securitizations issued between 2006 and 2010 backed by sales contracts secured by new and used automobiles and light-duty trucks originated by Ford Credit Ltd. -- We raised our ratings on 23 classes from 13 transactions and placed our ratings on 12 classes from four transactions on CreditWatch with positive implications. -- We affirmed our ratings on 46 classes from 20 ...

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