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Re: Jason-H post# 660677

Friday, 01/15/2021 1:50:16 AM

Friday, January 15, 2021 1:50:16 AM

Post# of 796432
All capital has to come from Common raises. That's correct!

Which is why JPS will likely still need to Convert to Commons as it will alleviate ~$33B in additional capital raises being required (now we know the GSEs are capped at $70B each in raises, this becomes even more important to remember!).



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