Evercore Investment Banking Pitch Book
Preliminary Discussion Materials
Fully Diluted Shares
Aggregate Offer Price
Basic Common Shares Outstanding
RSUS
Diluted Shares (Before Options)
Dilutive Options (Treasury Method)
Other Dilutive Securities
Fully Diluted Shares (Treasury Method)
Market Capitalization
Net Debt
Enterprise Value
Net Debt
11.875% Senior Notes Due 2016
Convertible Notes
Preferred Equity
Less Cash:
Net Debt
Fully Diluted Shares Assuming a $17.00 Aggregate Offer Price
8.0% Convertible Perpetual Preferred Stock
$17.00
161,878,049
103,877
161,981,926
2,699,199
66,954,710
231,635,835
$3,938
108
$4,046
$300
(192)
$108
Note: Share and option numbers as of September 30, 2012. Assumes a March 1, 2013 closing date.
EVERCORE PARTNERS
Value
Original Conversion Rate
Make Whole-Premium
New Conversion Rate
Parameters At $17.00 Offer Price
Value
$121
Coversion Price per Share
$6.84
Common Shares (as converted)
1,771,637
1,771,637
5.75% Convertible Perpetual Preferred Stock, Series 1 Parameters At $17.00 Offer Price
Value
Original Conversion Rate
Make Whole-Premium
New Conversion Rate
(S in millions, except per share values)
62.50
6.00
62.50
68.50
Coversion Price per Share
$16.00
$14.60
Common Shares (as converted)
12,500,000
13,700,538
5.75% Convertible Perpetual Preferred Stock, Series 2 Parameters At $17.00 Offer Price
$500.0
62.50
Coversion Price per Share
Common Shares (as converted)
4.00%Convertible Senior Notes Due 2017
Value
Original Conversion Rate
Make Whole-Premium
New Conversion Rate
Coversion Price per Share
Common Shares (as converted)
5.25% Convertible Notes Due 2013
Value
Coversion Price per Share
Common Shares (as converted)
Total Converted Shares
$200.0
62.50
Confidential
62.50
3.90
62.50
66.40
$16.00
$15.06
31,250,000
33,197,603
Parameters At $17.00 Offer Price
$200.0
62.50
62.50
8.46
62.50
70.96
$16.00
$14.09
12,500,000
14,192,504
Parameters At $17.00 Offer Price
$67.8
$16.575
4,092,428
4,092,428
66,954,710
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