Investor Presentation - September 2021
7
Enhancing our financial
position
Robust and growing EBITDA¹
Balanced long-term capitalization
Adjusted EBITDA¹
(Millions)
$600
$500
-
Spire Alabama issued $150M
$400
of senior notes in Dec. 2020
$575
$501
Spire issued $175M of equity units
in February 2021
$300
$200
-
Spire Missouri issued $305M
9 mos. FY20
9 mos. FY21
of 30-year bonds in May 2021 and
retired $55M
Long-term capitalization²
(at June 30, 2021)
1Adjusted EBITDA is earnings before impairments, Missouri regulatory adjustment,
interest, income taxes, depreciation and amortization. See Adjusted EBITDA
reconciliation to GAAP in the Appendix.
2See Long-term capitalization in the Appendix.
³Including temporary equity and excluding preferred stock.
4 Including the current portion of long-term debt.
Spire | Investor presentation
-
September 2021
■ Equity 3
Debt 4
Preferred stock
4.2%
42.8%
53.0%
SView entire presentation