DBRS Confirms Ratings on Trade Receivables Transactions

DBRS, Inc. (“DBRS”) has confirmed ratings to the following trade receivables transactions administered by Natixis. The ratings address the timely payment of interest and ultimate payment of principal.

• Class A2 Units issued by FCT Arkemtic at A (high) (sf);
• Senior Units issued by FCT IDEX at A (high) (sf);
• Class C1 & C2 Units issued by FCT Mercury at A (low) (sf);
• Class M Units issued by FCT Triple P at A (low) (sf);
• Class Am and Class Bm Senior Units issued by FCT VEGA at A (high) (sf).

DBRS has also confirmed one rating on a trade receivable transaction administered by Barclays Bank PLC (Barclays) as follows:

-- Class S Units issued by FCT Triple P at A (low) (sf)

The confirmations of the ratings reflect the ongoing performance of the Trade Receivables transactions.

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 Arkemtic, FCT IDEX, FCT Mercury, FCT Triple P, FCT VEGA and Natixis and Barclays . DBRS considers the information available to it for the purposes of providing this rating to be satisfactory.

Lead Analyst: Matthew La Capra
Rating Committee Chair: Jerry van Koolbergen
Initial Rating Dates: 30 June 2010, 17 October 2011, 31 March 2009, 31 March 2009, 16 March 2012 (respectively)

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