DebtX to Sell $358 Million FDIC Portfolio

Loans and Leases to be Sold July 17, 2012

BOSTON--(BUSINESS WIRE)--On behalf of the Federal Deposit Insurance Corporation (FDIC), DebtX will sell more than $358 million of participations, loans, and leases from the Tennessee Commerce Bank receivership.

“We anticipate strong demand for these assets, as well as the $130 million in participations and loans bidding June 26th”

The portfolio includes $46.5 million of performing non-lead loan participations and $311.2 million of performing and non-performing loans and leases. Collateral is located throughout the United States and includes commercial real estate, aircraft, rolling stock, construction equipment, medical equipment, boats and business assets.

Investors may bid on individual loan participations or on pre-determined loan and lease pools. Sealed bids will be accepted at www.debtx.com from 11 a.m. to 1 p.m. Eastern on Tuesday, July 17, 2012. Due diligence materials are now available to qualified investors at www.debtx.com.

“We anticipate strong demand for these assets, as well as the $130 million in participations and loans bidding June 26th,” said DebtX CEO Kingsley Greenland. “Investors are excited to have an opportunity to bid on $440 million in FDIC assets.”

Qualified investors interested in the portfolio can contact Ken Daley at 617-531-3428.

About DebtX

DebtX is the world's premier, full-service loan sale advisor for commercial, consumer and specialty finance debt. DebtX operates the largest online marketplace for loan sales, serving commercial banks, investment banks, insurance companies, and government clients. DebtX’s innovative deal management platform and loan sale process maximize proceeds and have been assessed and approved by many of the world’s most sophisticated financial institutions for functionality, security and privacy. DebtX provides valuation and analytics services, including objective mark-to-market loan valuations using unique pricing models that incorporate data from hundreds of thousands of loans. DebtX provides web-based deal management platforms for syndication, agency, and loan sale professionals. DebtX is based in Boston, with U.S. offices in San Francisco, Atlanta, McLean (VA), and New York and European offices in the United Kingdom, Spain and Germany. For information, call +1.617.531.3400 or visit www.debtx.com.