DBRS Assigns A (high) (sf) Rating to the Senior Units Issued by FCC IDEX

DBRS, Inc. (“DBRS”) has assigned a rating of A (high) (sf) to the Senior Units issued by FCC IDEX. The rating addresses the timely payment of principal and interest.

The rating rationale for trade receivables is generally based on a portfolio’s ability to perform within certain thresholds for loss, dilution and carrying costs reserves, as well as other factors specific to trade receivables criterion.

The principal methodology applicable is U.S. Trade Receivables, which can be found on www.dbrs.com.

The sources of information used for this rating include parties involved in the rating, including but not limited to FCC IDEX and Natixis. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

This rating concerns a newly issued financial instrument. This is the first DBRS rating on this financial instrument.

The Rule 17g-7 Report of Representations and Warranties is hereby incorporated by reference and can be found on the Related Research section of this press release or by contacting us at info@dbrs.com.

For additional information on this rating, please see European Trade Receivables Linking Document.

Lead Analyst: Matthew La Capra
Rating Committee Chair: Jerry van Koolbergen
Initial Rating Date: 14 October 2011

Notes:
All figures are in Euros unless otherwise noted.