UFC W Investor Presentation
W UFC INVESTOR PRESENTATION APRIL 2023
Endeavor: Net Leverage
$ Millions
ENDEAVOR
WWE
As of December 31,
2021
2022
As of December 31,
COMBINED
As of December 31,
2022
2022
Long-term debt
$
5,631.7 $
Current portion
82.0
5,080.2
88.3
$
20.9
$
5,101.1
0.4
88.7
Total debt
Unamortized discount
5,713.7
5,168.5
21.3
5,189.8
26.1
17.5
17.5
Unamortized issuance costs
46.0
33.1
33.1
Long-term finance lease liabilities
364.9
364.9
Current finance lease liabilities
11.7
11.7
Total principal
$
5,785.8 $
5,219.1
$
397.9
$
5,617.0
Total principal
$
5,785.8 $
5,219.1
$
397.9
5,617.0
Less: cash and cash equivalents
(1,561.0)
(767.8)
(220.2)
(988.0)
Less: short-term investments, net
(258.5)
(258.5)
Net debt
$
4,224.8 $
4,451.3
$
(80.8)
$
4,370.5
Adjusted EBITDA
$
880.3 $
1,163.5
$
384.6
$
1,548.1
Net leverage
4.8x
3.8x
(0.2x)
2.8x
PG. 33View entire presentation