Credit Suisse | Investment Banking Pitch Book | 20 slides

Credit Suisse · 2017-11
arc beats above · slides in the middle · loops below · scroll → 2 LOOPS
SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
HOVER FOR DETAILS · CLICK A SLIDE FOR FULLSCREEN · STEP 1
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Slide inventory

20
every slide · same image gating as the playbook
01
Slide 1
front_matter
Open slide detailBeat · Situation & Context
02
transition
Open slide detailBeat · Situation & Context
03
The slide serves as a disclosure/methodology page for a financial sensitivity analysis.establish_context
Open slide detailBeat · Problem & ComplicationLoop · Cost Of Inaction
04
The slide includes a disclaimer about tax advice and specific footnotes regarding the methodology of the pro forma calculations.analyze_data
Open slide detailBeat · Problem & ComplicationLoop · Cost Of Inaction
05
The slide uses a regression analysis to benchmark Osprey against commercial banks, mortgage REITs, and BDCs.compare_peers
Open slide detailBeat · Problem & ComplicationLoop · Cost Of Inaction
06
Includes a disclaimer at the top and source/note at the bottom.analyze_data
Open slide detailBeat · Evidence & ProofLoop · Cost Of Inaction
07
Includes volume data as a bar chart at the bottom and annotations regarding the US Tax Cuts and Jobs Act.analyze_data
Open slide detailBeat · Evidence & ProofLoop · Cost Of Inaction
08
transition
Open slide detailBeat · Evidence & ProofLoop · Cost Of Inaction
09
The slide details specific financial adjustments including termination fees, tax rate changes, deferred tax asset write-offs, and dividend payout ratios.analyze_data
Open slide detailBeat · Evidence & ProofLoop · Cost Of Inaction
10
The slide includes a disclaimer about tax advice and specific footnotes regarding the data sources and methodology.quantify_impact
Open slide detailBeat · Evidence & ProofLoop · Cost Of Inaction
11
appendix
Open slide detailBeat · Impact & Next StepsLoop · Hypothesis Test
12
Includes disclaimer at top and bottom. Data based on Osprey management assumptions as of Nov 2017.analyze_data
Open slide detailBeat · Impact & Next StepsLoop · Hypothesis Test
13
Includes a red-dashed callout box highlighting tax provision methodology and a disclaimer at the top.analyze_data
Open slide detailBeat · Impact & Next StepsLoop · Hypothesis Test
14
The table compares management's base projections against an adjusted scenario including a 50% payout ratio for incremental dividends.analyze_data
Open slide detailBeat · Impact & Next StepsLoop · Hypothesis Test
15
Includes adjustments for advisor fees, transaction termination fees, tax provisions, and DTA write-offs.analyze_data
Open slide detailBeat · Impact & Next StepsLoop · Hypothesis Test
16
The table compares management's original projections against adjusted figures to show variance.analyze_data
Open slide detailBeat · Impact & Next StepsLoop · Hypothesis Test
17
The slide details the mechanics of warrant dilution adjustments due to dividend distributions.analyze_data
Open slide detailBeat · Impact & Next Steps
18
Includes historical data (A) and projections (E) as of September 2017.analyze_data
Open slide detailBeat · Impact & Next Steps
19
The slide details the mathematical adjustment of warrant terms (exercise price and number of shares) following cash dividend distributions.analyze_data
Open slide detailBeat · Impact & Next Steps
20
other
Open slide detailBeat · Impact & Next Steps