Paysafe Results Presentation Deck
Leverage summary
Liquidity summary ($m)
Cash and cash equivalents
Undrawn amounts under revolving credit facility (¹)
Leverage ($m)
Total debt(¹)
Cash and cash equivalents
Net debt(¹)
Net debt-to-LTM Adj. EBITDA(2)
(1)
Paysafe: (2)
3/31/22
$258
$285
3/31/22
$2,699
$258
$2,441
5.6x
●
●
Maintaining significant covenant headroom
New 4-year amortizing interest rate swap put in
place, initially hedging $400m of USD Term Loan B
Continued commitment to long-term leverage goal
of 3.5x
Total debt includes the outstanding principal on the Company's borrowings. Total debt excludes the drawn amounts of a local $50 million Credit Facility held in the US outside the Company's Senior Credit Facility. The nature of
the facility is to draw on the facility daily and to prefund daily interchange and acts as a source of working capital.
Net debt-to-LTM Adj. EBITDA is defined as Net Debt (Total Debt less Cash and cash equivalents) divided by the Company's adjusted EBITDA as defined on slide 19 for the last 12 months and does not represent the definition of
adjusted EBITDA that is used for covenant calculation purposes.
14View entire presentation