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  "documentTitle": "Citi | Investment Banking Pitch Book | 21 slides",
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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": "Standalone Transaction Structure",
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      "kind": "disclaimer",
      "text": "Preliminary and Confidential - Subject to Further Review and Revision",
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      "kind": "disclaimer",
      "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 IDRs at 17.3x 2019E post-tax GP Cash Flow; AMGP remains a publicly traded C-corp; Transaction triggers Series B conversion; Assumes no synergies; No basis step-up; Pro forma AM targets standalone AM DPUs; Growth capex funded according to standalone forecast",
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      "text": "AM Sources ($mm): New AM Equity Issued for GP/IDRs $3,104; AM Cash $5; Total Transaction Sources $3,109. AM Uses ($mm): Purchase Price Paid for GP/IDRs $3,104; Transaction Fees and Expenses $5; Total Transaction Uses $3,109",
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