Evercore Investment Banking Pitch Book
Financial Projections and Preliminary Valuation Detail - Sensitivity Case
Sisecam Wyoming Cash Flow Summary - Sensitivity Case
Sisecam Wyoming Distributable Cash Flow
Sisecam Wyoming EBITDA
Less: Cash Interest Expense
Less: Maintenance Capital Expenditures
Distributable Cash Flow
Sisecam Wyoming Distributed Cash Flow
Distributions to SIRE (51.0%)
Distributions to NRP (49.0%)
Distributed Cash Flow
Distributable Cash Flow Surplus / (Shortfall)
Sisecam Wyoming Coverage Ratio
SIRE Financial Projections, SIRE management
EVERCORE
2023E
$179.8
(2.4)
(25.6)
$151.8
$61.9
59.5
$121.5
$30.4
1.25x
2024E
$186.2
(1.4)
(26.1)
$158.6
$64.7
62.2
$126.9
43
$31.7
1.25x
For the Years Ending December 31,
2025E
2026E
$169.4
(0.7)
(26.7)
$142.0
$65.8
63.2
$129.1
$12.9
1.10x
$171.4
(0.3)
(27.3)
$143.8
$66.7
64.1
$130.7
$13.1
1.10x
2027E
$149.6
(0.1)
(27.9)
$121.6
$56.4
54.2
$110.5
($
$11.1
1.10x
in millions)
2028E
$146.4
0.1
(28.6)
$117.9
$54.6
52.5
$107.2
$10.7
1.10x
ŞİŞECAMView entire presentation