Sagicor ivari Acquisition Presentation
Sagicor S
Financially compelling acquisition¹
Sources and Uses
C$365 million
Total consideration²
Funded by Approximately
80% Debt and 20% Cash
Strong Returns
25%+
EPS Accretion³
Double Digit
BVPS4 Accretion
Figures do not reflect potential upside from synergies
Maintain Strong Capital
10 Points+ Improvement
Pro-Forma MCCSR4
Approximately Unchanged
Pro-Forma Debt / Capital Ratio4
Outstanding IRR
Transaction Funding Sources:
New Acquisition Debt
ivari Capital Generation to Transaction Close
Minimal Use of Sagicor's Excess Capital4
Attractive and Powerful Use of Excess Capital
Sagicor • ivari 9
1Certain statements on this slide are forward looking. See the "Forward-Looking Information / Cautionary Statements" section in this document.
2Includes an estimated C$40 million of transaction and financing costs.
³EPS based on pro-forma 2021 basis.
4Represents a non-IFRS measure. See the "Non-IFRS Measures" section in this document and in our MD&A for relevant information about such measures.
Note: USD/CAD exchange rate of 1.29.
Note: Pro-Forma debt to capital ratio includes contractual service margin as capital.View entire presentation