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The Importance of Senior Leverage in Tax Credit Transfer Deals
There's an age old question why the tax, traditional tax equity transactions don't have a senior leverage on the same kind of a dynamic. You can make this for tax credit transfer deals, you know, tab mentioned insurance. If there's a forbearance with the lenders, that might be doable too. But as, when we see it's the most of the credit transfer deals that we're looking at now, there will be no senior leverage at the project level. Okay. We've reached the end of the hour. Thank you audience for joining us today.