Investor Presentaiton
Balance Sheet Highlights as of September 30, 2023
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Liquid receivables and inventory comprising 30% of total assets
Remaining assets are comprised primarily of $1.2B of conservatively valued fixed assets
- Strategically located, non-replicable terminals and gas stations
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$65.7M (7%) of total debt under working capital facility
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$831.3M (93%) of total debt related to:
- Terminal operating infrastructure
- Acquisitions and capital expenditures
$400M 7.00% senior notes due 2027 and $350M 6.875% senior notes due 2029
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Combined Total Leverage Ratio approximately 2.37x1
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2,760,000 Series A preferred equity units
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3,000,000 9.50% Series B preferred equity units
1 Combined Total Leverage Ratio (Funded Debt/EBITDA) as defined under the Partnership's Credit Agreement
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GLOBAL
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