Q1.3 - Is the issuer a single-purpose, insolvency-remote vehicle, or does it carry other activities or risks beyond this project? - FAQ
Q1.3

Is the issuer a single-purpose, insolvency-remote vehicle, or does it carry other activities or risks beyond this project?

Project Overview 23/12/2025
The Issuer will be structured as a single-purpose vehicle. Its articles of association and transaction documents will restrict its activities to the issuance of the bonds and related transactions, with no other indebtedness except as expressly permitted under the bond documentation. Standard structural features (limitations on additional debt, no guarantee of third‑party obligations, non‑petition and limited recourse language where appropriate) will be implemented to strengthen its insolvency‑remoteness, subject to Luxembourg counsel input.