But would that be enough?
At around page 200 of the prospectus, they provide some simulations about what would happen if the capital distributions were reduce, based on various sensitivity analysis. What is illustrated is the interest payment period after the first five years till year 15.
The sensitivity analysis looks sensible but I didn’t really think around the subject enough because I don’t have the bandwidth to think it through.
At this point, I wonder how many readers I have lost from looking at the conservative structure, thinking around the capital distributions.
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