2022 Guidance and E.S.G. Considerations
Debt and Liquidity Metrics
Net leverage ~1.3x
Outstanding Debt
Outstanding Revolver
Outstanding Term Loan
Promissory Notes
Finance Leases
Total Debt Outstanding
Less: Deferred Debt Issuance Costs
Total Debt - Balance Sheet
Total Debt Outstanding
Less Cash
Net Debt (1)
Leverage Ratio (net)'
Credit Facility
Term Loan
Revolver Size
Borrowing Capacity
Revolver Size
Outstanding Revolver
Letters of Credit
Available Revolver
(2)
Plus Cash
Total Liquidity
(3)
As of:
12/31/21
447.2
0.8
1.6
449.6
(4.5)
445.1
449.6
(45.8)
403.8
1.3
As of:
12/31/21
450.0
550.0
1,000.0
1. Net debt defined as total debt outstanding ($449.6M) less cash ($45.8M).
2.
Leverage ratio (net) is defined as net debt divided by last twelve months adjusted EBITDA ($299.6M).
3. Liquidity defined as the sum of cash balance and available revolving line of credit.
550.0
(27.5)
522.5
45.8
568.3
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