DBRS Confirms Ratings of FCC Financing Subsidiary IV & V

DBRS, Inc. (DBRS) has today confirmed the rating of FCC Financing Subsidiary IV, LLC at ‘A’ (sf) and FCC Financing Subsidiary V, LLC at BBB (high) (sf). The collateral supporting the transactions is performing within DBRS expectations and available credit enhancement for each class is sufficient to cover DBRS expected losses.

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

This rating is endorsed by DBRS Ratings Limited for use in the European Union.