A) Special Purpose Vehicles (SPVs) are commonly used in complex financing structures for various reasons. Explain in detail the key reasons, both positive and negative, for the use of SPVs in the following transactions that have taken place in Kenya: i. Kenya Airways In 2017 the lenders of KQ proposed to convert the debt owed to them to equity through an SPV named KQ Lenders Company; and ii. Telkom Kenya In 2016 Helios LLP purchased 60% shareholding in Telkom Kenya using an SPV called Jamhuri Holdings.