Ford Motor Credit Co.'s (FMCC) pushed ahead with its ABS deal dubbed Ford Credit Auto Owner Trust 2010-B. This was after hitting a glitch after the rating agencies withdrew their ratings because of the repeal of Section 436(G) of the Securities Act of 1933 after President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The latest Ford offering -- which was upsized to $1.387 billion from $1.08 billion -- priced at levels tighter than initial price guidance, according to published reports. 

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