The document discusses the trade idea and investment rationale for purchasing class A Ford revolving ABS transactions. It highlights the security, credit enhancement, structural attributes, and relative value of the investment. The recommendation is to buy FORDR 2015-1 A and FORDR 2015-2 A with a trade horizon of 12+ months.
doj/DataSet10/EFTA01378352.pdf
{"title":"ABS: Ford Credit Auto Owner Trust Series 2015-REV1/2015-REV2","document_date":"2015-09-24","document_type":"financial","document_subtype":"Investment Grade Structured Finance","key_organizations":["Ford Motor Credit","Deutsche Asset & Wealth Management"],"reference_numbers":["34530RAA6","34530WAA5"]}