Imagine a hypothetical scenario in which you have been approached by a relationship manager who would like to evaluate extending a long term unsecured loan (no covenant) to an airline group called Wizz Air. Proceeds to be used for general corporate purposes.

Imagine a hypothetical scenario in which you have been approached by a relationship manager who would like to evaluate extending a long term unsecured loan (no covenant) to an airline group called Wizz Air. Proceeds to be used for general corporate purposes.You can find information on Wizz air and relevant financials in their website: https://wizzair.com/en-gb/information-and-services/investor-relations/results-calendarAnswer the following questions to evaluate the proposal. Your answers (in aggregate for all 5 questions) should not exceed 1.5 pages in a word document (min font size 10). Use of bullet points preferred for all answers.What are the top 4-5 financial or non-financial metrics you would focus on to evaluate the creditworthiness of this client? What is your overall assessment of financial position of this client?What are the top 3-4 key risks for the industry (the client operates in) over short and medium term (next 5yrs)? What are the mitigants (if any)?What are the top 3-4 key risks specific to this client and what are the mitigants (if any)?What would be your recommendation to the relationship manager with respect to the loan proposal: (a) yes (b) no (c) yes but with changes in proposed structure. Please provide justification for response chosenWho would you consider as peers for this airline group? How well positioned do you think the airline is with respect to peers and why?