DBRS Confirms A (high) (sf) Rating to the Senior Units Issued by FCT IDEX (fka “FCC IDEX”)

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

The confirmation of the above rating is based on:

• Amendment Agreement to the Transfer and Servicing Agreement dated December 9, 2011;
• Amendment Agreement to the Fund Regulations (Compartment Regulations) dated December 9, 2011; and
• Amendment Agreement to the Fund Regulations (General Regulations) dated December 9, 2011.

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 FCT IDEX and Natixis. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

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.

This credit rating has been issued outside the European Union (EU) and may be used for regulatory purposes by financial institutions in the EU.
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.