In a recent SEC filing, Ford Credit Auto Owner Trust 2024-A (Filer) submitted an ABS-EE form, indicating a significant financial transaction or activity within the company. ABS-EE forms are commonly used by asset-backed securities issuers to register offerings of asset-backed securities. This filing suggests that Ford Credit Auto Owner Trust 2024-A is engaged in issuing asset-backed securities, which are financial instruments backed by a pool of assets such as loans, leases, or receivables.
Ford Credit Auto Owner Trust 2024-A is a trust affiliated with Ford Motor Credit Company, a subsidiary of Ford Motor Company. Ford Motor Credit Company provides automotive financing solutions to customers and dealers of Ford Motor Company. The trust is likely established to facilitate the securitization of auto loans and leases originated by Ford Motor Credit Company, allowing the company to raise funds by selling securities backed by these assets. For more information about Ford Motor Credit Company, you can visit their website at https://www.fordcredit.com/.
Overall, this filing sheds light on Ford Credit Auto Owner Trust 2024-A’s involvement in the asset-backed securities market through the submission of an ABS-EE form. This form is crucial for providing transparency and regulatory compliance when issuing asset-backed securities, ensuring that investors are informed about the underlying assets and risks associated with the securities being offered.
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Ford Credit Auto Owner Trust 2024-A (0002014176) Files ABS-EE Form with SEC
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