SRL 2.56% 40.0¢ sunrise energy metals limited

Other Government Agency Credit Support!, page-44

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    There is no "amount" of credit support. Let me explain. Credit support is a legal pledge from a third party to make good on the payment obligations of Sunrise whatever they may be. Now this is usually but not exclusively linked to the total debt payments required. So if Sunrise have a shortfall event the credit support agency is legally obliged to make up the shortfall. It is a derisking procedure government use for riskier borrowings they wish to support.
 
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