Investor Presentaiton
Liquidity Metrics
-
Existing Capital Structure
Pro-forma leverage (1) of 2.3x based on 2022 Combined Economic
EBITDA
New Credit Facility
-
Closed January 3, 2023, in conjunction with business combination
$250 million five-year credit facility to pay down subsidiary debt and
fund growth initiatives
o $100 million dollar term loan
$150 million revolving credit facility
Interest rate based on pricing grid based on total leverage ratio
Amounts drawn at close used to refinance subsidiary debt
BMO, Fifth Third Bank, PNC Bank, and Texas Capital Bank are Joint
Lead Arrangers and Bookrunners. BMO Harris Bank N.A. is the
Administrative Agent. Bank of America and CrossFirst Bank are
members of the syndicate.
Pro-forma Capitalization (1)
$Millions, unless otherwise stated
Cash and Cash Equivalents(2)
Revolving Credit Facility(3)
Term loan (3)
Total Debt
2022 Combined Economic EBITDA(4)
2022 x EBITDA
$50
32
98
$130
$57
2.3x
AITI Tiedemann Global
Pro forma for the Senior Credit Facility closed in conjunction with business combination
Includes restricted cash and cash equivalents
(3) Net of issuance costs
(4) For information on and reconciliation of the Company's non-GAAP measures, please refer to page 42
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