DBRS Confirms Ratings on FCC Financing Subsidiary VIII, LLC

DBRS has confirmed ratings on the following classes issued by FCC Financing Subsidiary VIII, LLC:

•U.S.$89,200,000 Senior Secured First Priority Floating Rate Notes Class A-1 Due 2017 ‘AA’ (sf)
•U.S.$89,200,000 Senior Secured First Priority Floating Rate Notes Class A-2 Due 2017 ‘AA’ (sf)
•U.S.$11,150,000 Senior Secured Second Priority Floating Rate Notes Class B-1 Due 2017 ‘BBB’ (sf)
•U.S.$11,150,000 Senior Secured Second Priority Floating Rate Notes Class B-2 Due 2017 ‘BBB’ (sf)

All classes of notes have a Stated Maturity Date of March 31, 2017 and are secured by a Portfolio of Asset Based and Factoring Loan Receivables.

This ratings confirmation has been issued following amendments to certain financial covenants of the originator/servicer as detailed in the First Supplemental Indenture.

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