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  "documentTitle": "Citi | Investment Banking Pitch Book | 21 slides",
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  "authorName": "Citi",
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  "presentationDate": "2018-09-01 00:00:00",
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  "notes": "Includes two organizational structure diagrams comparing standalone vs pro forma states.",
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      "kind": "diagram",
      "text": "Pro Forma Transaction Structure",
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      "text": "Standalone Transaction Structure",
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      "text": "Source: Company filings, management projections, FactSet. Market data as of 9/7/2018. Note: PF ownership assumes no cash election. (1) Ownership percentages at effective transaction date of 1/1/2019.",
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      "text": "Effective transaction date of 1/1/2019; AM acquires AMGP shares at market; Assumes check the box c-corp structure; Transaction triggers Series B conversion; No basis step-up; Pro forma AM targets standalone AM DPUs; Growth capex funded per forecast.",
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      "text": "AM Sources ($mm): Direct Equity Issued $3,182, Assumption of AMGP Debt 0, Draw on RCF 10, Total $3,192. AM Uses ($mm): Purchase of Public AMGP Shares $3,115, Redeem Series B Preferred Units 67, Assumption of AMGP Debt 0, Fees 10, Total $3,192.",
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      "kind": "title",
      "text": "Transaction Overview",
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