DBRS Confirms Ratings of FCC Financing Subsidiary VIII, LLC

DBRS, Inc. (DBRS) has confirmed the ratings on the classes issued by FCC Financing Subsidiary VIII, LLC. The collateral supporting the classes is performing within DBRS expectations and available credit enhancement for each class is sufficient to cover DBRS expected losses.

The following classes have been confirmed:

-- Senior Secured First Priority Floating Rate Notes Class A confirmed at AA (sf)
-- Senior Secured First Priority Floating Rate Notes Class A-2 confirmed at AA (sf)
-- Senior Secured Second Priority Floating Rate Notes Class B confirmed at BBB (sf)
-- Senior Secured Second Priority Floating Rate Notes Class B-2 confirmed at BBB (sf)

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

The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.