CoreCivic Investor Presentation Q4 2020
Conservative Balance Sheet to Support Long Term Strategy
Debt Maturity Schedule as of December 31, 2020
➤ Significant liquidity of approximately $679
million as of December 31, 2020
$800M
$758M
$600M
➤ Strong cash flow to reduce debt leverage
to target of 2.25x to 2.75x net debt-to-
adjusted EBITDA
$400M
$293M
$195M
$200M
$39M
$OM
2021
S&P: BB Moody's: Ba1
35.5%
Net Debt/
Undepreciated Fixed
Assets
3.7x
Debt-to-Adjusted
EBITDA (1)(2)
3.9x
Fixed Charge
Coverage (1)(2)
2022
2023
85%
Unencumbered
Assets
2024
$15M
$15M
2025
2026
2027
$266M
$228M
2028-2040
1.
Based on financial results for the year ended December 31, 2020.
2.
Excludes non-recourse debt and related EBITDA of CoreCivic of Kansas, LLC, SSA-Baltimore, LLC, and Government Real Estate Solutions, LLC, as all are Unrestricted Subsidiaries as defined under
the Revolving Credit Facility.
9
65%
Net Debt to Total Market
CapitalizationView entire presentation