Evercore Investment Banking Pitch Book
Financial Projections and Preliminary Valuation Detail - Sensitivity Case
Sisecam Wyoming Sources and Uses - Sensitivity Case
Sources
Distributable Cash Flow Surplus / (Shortfall)
Increase / (Decrease) in Net Working Capital
Cash from Revolver / (Cash to Revolver)
Total Sources
Uses
Growth Capital Expenditures
Mandatory Debt Paydown
Discretionary Debt Paydown
Cash to (from) Balance Sheet
Other
Total Uses
Capital Structure
Total Debt
Less: Cash
Net Debt
Net Debt / Adjusted EBITDA
SIRE Financial Projections, SIRE management
EVERCORE
2023E
$30.4
0.4
$30.7
$--
8.8
38.2
(16.3)
$30.7
$90.0
(5.0)
$85.0
0.5x
2024E
$31.7
15.7
$47.4
$--
9.1
38.4
$47.4
$42.5
44
(5.0)
$37.5
0.2x
For the Years Ending December 31,
2025E
2026E
$12.9
8.2
$21.1
$--
9.3
11.8
$21.1
$21.5
(5.0)
$16.5
0.1x
$13.1
0.8
$13.8
$--
9.5
3.7
0.6
$13.8
$8.3
(5.6)
$2.6
0.0x
2027E
$11.1
(9.8)
1.7
$2.9
$--
3.5
1
(0.6)
--
($
$2.9
$6.4
(5.0)
$1.4
0.0x
in millions)
2028E
$10.7
(1.0)
$9.7
$--
4.7
1.7
3.4
$9.7
$0.0
(8.4)
($8.3)
(0.1x)
ŞİŞECAMView entire presentation