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
$30.0
0.4
$30.3
8.8
37.8
(16.3)
$30.3
$90.4
(5.0)
$85.4
0.5x
2024E
44
For the Years Ending December 31,
2025E
2026E
$30.9
15.7
$46.6
9.1
37.5
--
$46.6
$43.8
(5.0)
Confidential - Preliminary and Subject to Change
$38.8
0.2x
$11.3
8.2
$19.5
$--
9.3
10.2
$19.5
$24.3
(5.0)
$19.3
0.1x
$10.8
0.8
$11.6
$--
9.5
2.1
(0.0)
$11.6
$12.7
(5.0)
$7.7
0.1x
2027E
($ in millions)
$11.0
(9.8)
2.3
$3.5
$--
3.5
--
0.0
$3.5
$11.5
(5.0)
$6.5
0.0x
2028E
$10.7
(1.0)
$9.7
$--
4.7
5.0
0.0
$9.7
$1.8
(5.0)
($3.2)
(0.0x)
ŞİŞECAMView entire presentation