{
  "docId": "019de06f-6e3e-7077-a233-0960269d6dc3",
  "docSlug": "9ffdbe63cafe0fdab0fe06827ff4ea3a",
  "documentTitle": "PJT Partners | Investment Banking Pitch Book | 53 slides",
  "authorId": "pjt-partners",
  "authorName": "PJT Partners",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2016-06-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.294673,
  "pageNumber": 27,
  "pageCount": 53,
  "prevPage": 26,
  "nextPage": 28,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 14,
  "notes": "Assumes transaction closes 12/31/16.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-6e3e-7077-a233-0960269d6dc3/27",
  "deckHref": "/decks/019de06f-6e3e-7077-a233-0960269d6dc3",
  "deckJsonHref": "/decks/019de06f-6e3e-7077-a233-0960269d6dc3.json",
  "deckAnchorHref": "/decks/019de06f-6e3e-7077-a233-0960269d6dc3#slide-27",
  "components": [
    {
      "bbox": {
        "h": 0.02,
        "w": 0.25,
        "x": 0.04,
        "y": 0.95
      },
      "kind": "disclaimer",
      "text": "Note: Assumes transaction closes 12/31/16.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "75fbe86d-2cc9-40d6-bdfd-c47b234e8c70",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.26,
        "w": 0.45,
        "x": 0.04,
        "y": 0.24
      },
      "kind": "table",
      "text": "Sources: Equity Issued $1,393, Total New Debt Raised 3,720, Lunar April 2013 1.250% Convertible Notes 60, Solar Cash at 12/31/16E 10, Lunar Cash at 12/31/16E 55. Total $5,239.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "555fa5fa-0a16-4e85-8efa-a39886dd6495",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.26,
        "w": 0.43,
        "x": 0.53,
        "y": 0.24
      },
      "kind": "table",
      "text": "Uses: Equity Consideration to Solar Shareholders $1,393, Cash Consideration to Solar Shareholders 1,592, Refinance Solar Debt 931, Refinance Lunar Debt 807, Lunar April 2013 1.250% Convertible Notes 60, Breakage 30, Fees and Expenses 187, Cash to Balance Sheet 238. Total $5,239.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "717ec1ec-ec05-4ddc-bb09-11b83d7b09fd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.25,
        "x": 0.04,
        "y": 0.08
      },
      "kind": "title",
      "text": "Sources and Uses",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3f8520c6-2c1f-4db3-a43a-6b6627deef07",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 30,
      "from": 26,
      "beatId": "5b9024c5-fb83-425b-a65a-613ee22b7ebf",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "The deck presents pro forma financials and financing considerations",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 29,
      "from": 24,
      "name": "Mece Breakdown",
      "slug": "40-mece-breakdown",
      "bestFor": "Problem structuring, ensuring completeness, strategic analysis",
      "matchId": "5d043e30-9308-458a-ab34-346118b067ab",
      "evidence": "The deck presents a relative valuation summary and pro forma capitalization table",
      "position": 1,
      "objective": "How does the merger create value?",
      "structure": "The Whole -> Category A (distinct) -> Category B (distinct) -> Category C (distinct) -> Complete Coverage",
      "confidence": 0.6,
      "description": "Divide a complex topic into mutually exclusive, collectively exhaustive categories"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}