Press Release

DBRS Assigns A (high) Rating to Class A2 Units issued by FCT Arkemtic

ABCP, Structured Credit
June 30, 2010

DBRS has assigned a rating of A (high) as of June 25, 2010, to the Class A2 Units issued by FCT Arkemtic.

The above DBRS rating addresses the timely payment of interest and ultimate payment of principal. The rating is based on the executed documents dated June 9, 2010 and a successful operational review completed on May 6, 2010. The underlying trade receivables were reviewed for their ability to perform within certain thresholds for loss reserves, carrying costs and dilution, as well as other factors specific to trade receivables portfolios.

The applicable public methodology is the U.S. Trade Receivables Methodology, which can be found on the DBRS website.

Notes:
All figures are in U.S. dollars unless otherwise noted.

This is a Structured Finance rating.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.