{
  "docId": "019de06f-c992-73cc-a21b-acd89fd9cc73",
  "docSlug": "c5a3f313200dc3d1c0b9e5807de072fd",
  "documentTitle": "Evercore | Investment Banking Pitch Book | 14 slides",
  "authorId": "evercore",
  "authorName": "Evercore",
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2019-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 7,
  "pageCount": 14,
  "prevPage": 6,
  "nextPage": 8,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 60,
  "notes": "Evercore presentation slide for Vanguard Natural Resources, Inc. restructuring.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-c992-73cc-a21b-acd89fd9cc73/7",
  "deckHref": "/decks/019de06f-c992-73cc-a21b-acd89fd9cc73",
  "deckJsonHref": "/decks/019de06f-c992-73cc-a21b-acd89fd9cc73.json",
  "deckAnchorHref": "/decks/019de06f-c992-73cc-a21b-acd89fd9cc73#slide-7",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.35,
        "x": 0.55,
        "y": 0.51
      },
      "kind": "callout",
      "text": "Any amounts outstanding on DIP facility pre-emergence to roll into New Exit RBL",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1e3f0b8c-bfff-4cda-b996-ed437ae6f648",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.92,
        "x": 0.04,
        "y": 0.86
      },
      "kind": "disclaimer",
      "text": "Note: RBL, FILO Term Loan, and 2L Notes pre-emergence amounts include prepetition accrued interest... Reserves data based on Company reserves report as of 1/1/19...",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1acf9bda-08a1-44f9-aaa1-6879b1306f44",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.92,
        "x": 0.04,
        "y": 0.2
      },
      "kind": "table",
      "text": "Sources and Uses table showing $936M total",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c8b70061-002b-44af-ba26-9111982f606a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.32,
        "w": 0.92,
        "x": 0.04,
        "y": 0.43
      },
      "kind": "table",
      "text": "Pro Forma Capitalization table with leverage ratios",
      "attrs": null,
      "subkind": "valuation",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "76c4401b-21ba-4165-a335-15c70ed57d70",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.6,
        "x": 0.04,
        "y": 0.09
      },
      "kind": "title",
      "text": "Illustrative Sources & Uses and Pro Forma Capitalization",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "96b31616-b829-481f-a63b-811f866676b1",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 9,
      "from": 7,
      "beatId": "27c992d2-08d7-4b16-a9c4-4b3f64ceae60",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "The illustrative sources & uses, pro forma capitalization, and financial projections provide evidence to support the restructuring plan.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 9,
      "from": 7,
      "name": "Hypothesis Test",
      "slug": "42-hypothesis-test",
      "bestFor": "Strategy validation, due diligence, research presentations",
      "matchId": "3a655157-edfc-48ae-b4aa-2d88784f2765",
      "evidence": "The supporting data and appendices provide a test of the hypothesis that the restructuring plan is effective.",
      "position": 1,
      "objective": "What are the results of the financial projections and pro forma capitalization?",
      "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
      "confidence": 0.6,
      "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}