DBRS Confirms and Discontinues Ratings on Four Natixis S.A. Trade Receivables Transactions

DBRS, Inc. (DBRS) confirmed and subsequently discontinued the following ratings on four trade receivables transactions administered by Natixis S.A.:

-- FCT Mercury: Class C1 & C2 Units at A (low) (sf)
-- FCT Point P: Class A3 Units at AA (sf)
-- FCT Point P: Class B3 Units at AA (sf)
-- FCT Tresobat: Class B Senior Units at A (sf)
-- FCT VEGA: Class Am Senior Units at A (sf)
-- FCT VEGA: Class Bm Senior Units at A (sf)

The ratings were withdrawn at the request of the Issuer.

The sources of information used for these ratings include parties involved in the ratings, including, but not limited to, FCT Mercury, FCT Point P, FCT Tresobat, FCT VEGA and Natixis S.A. DBRS considers the information available to it for the purpose of providing these ratings to be satisfactory.

Notes:
The principal methodology is Trade Receivables, which can be found on dbrs.com under Methodologies & Criteria.

This rating was initiated at the request of the rated entity.

The rated entity or its related entities did not participate in the rating process for this rating action. DBRS did have access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

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

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