Ford Motor Credit priced some $1 billion of notes backed by dealer inventory financing, according to a regulatory filing.

Ford Credit Floorplan Master Owner Trust A (Series 2014-4) issued three classes of rated notes with a weighted average life of 2.97 years. The $550 million class A-1 notes priced at swaps plus 35 basis points and the $450 million class A-2 notes priced at one-month Libor plus 35 basis points; both are rated ‘AAA’ by Standard & Poor’s and DBRS.

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