DBRS Confirms Ratings on Units of FCT Triple P

DBRS, Inc. (DBRS) has today confirmed the A (low) (sf) ratings on the Class M Units and Class S Units of FCT Triple P. The Class M Units were administered by Natixis, and the Class S Units were administered by Barclays Bank PLC (Barclays).

The ratings address the timely payment of interest and the ultimate payment of principal. The confirmation of the ratings reflects the ongoing performance of the trade receivables transactions.

The sources of information used for the ratings include, but are not limited to, FCT Triple P, Natixis and Barclays. DBRS considers the information available to it for the purposes of providing this rating to be satisfactory.

Notes:
The applicable principal methodology is Trade Receivables, which can be found on our website under Methodologies.

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

This rating was not initiated at the request of the rated entity.

The rated entity or its related entities did participate in the rating process. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.