There are three things I notice about the "i": 1) it is the only slanted letter, 2) "i" touches the "h", 3) "i" dips below the line.

None of the 3 means much. However all three taken together, imho, indicates the "i" might actually be a "y". Btw, if I had to wager money I might say it is an "i" but give me odds and I go with a "y"