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  "documentTitle": "Citi | Investment Banking Pitch Book | 21 slides",
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  "authorName": "Citi",
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  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2018-09-01 00:00:00",
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  "notes": "Includes annotations highlighting specific entities (SA AMGP, BE AMGP) with red boxes and arrows.",
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      "text": "Even with assumption of AM debt and funding profile, leverage still lowest among peers.",
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      "text": "Multiples of DCF will be lower middle-of-the-pack with no PF price movement.",
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      "text": "Multiples of EBITDA will be middle-of-the-pack with no PF price movement.",
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      "text": "While DCF growth rate is diluted, PF is still the highest among peers.",
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      "text": "Source: Company filings, management projections, FactSet. Market data as of 9/7/2018. Note: Assumes 1.800x exchange ratio and Series B redemption of 14.5mm shares. Standalone and Pro forma AM and AMGP net debt as of transaction date (1/1/2019).",
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