{
  "docId": "019de074-2cba-72da-8a5e-d46bfd8a47e7",
  "docSlug": "4f2e74f1012b0d56f73486e6eec22b1b",
  "documentTitle": "Citi | Investment Banking Pitch Book | 20 slides",
  "authorId": "citi",
  "authorName": "Citi",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2023-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 10,
  "pageCount": 20,
  "prevPage": 9,
  "nextPage": 11,
  "slideType": "case_study",
  "function": "cite_precedent",
  "density": "dense",
  "nDataPoints": 7,
  "notes": "The slide uses a list-based comparison format to illustrate financial distress and restructuring outcomes for specific companies.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de074-2cba-72da-8a5e-d46bfd8a47e7/10",
  "deckHref": "/decks/019de074-2cba-72da-8a5e-d46bfd8a47e7",
  "deckJsonHref": "/decks/019de074-2cba-72da-8a5e-d46bfd8a47e7.json",
  "deckAnchorHref": "/decks/019de074-2cba-72da-8a5e-d46bfd8a47e7#slide-10",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.5,
        "x": 0.25,
        "y": 0.9
      },
      "kind": "callout",
      "text": "Denotes where current market values are below current investor entry prices",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cb951a51-3466-4e67-abc7-5466ed116079",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.05,
        "y": 0.52
      },
      "kind": "list",
      "text": "Sonida: Restructured, $155mm from Conversant, share price decline.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "00c3c740-8e01-43ea-9436-596d03fad258",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.05,
        "y": 0.12
      },
      "kind": "list",
      "text": "Brookdale: Public rumors, $150mm convert, 43% share price drop.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0e7252a4-e507-4527-86d8-1096a88ab7f6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.9,
        "x": 0.05,
        "y": 0.28
      },
      "kind": "list",
      "text": "Discovery: Acquired by Lee Equities and Coastwood in recapitalization.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1ce002d6-bcf1-4e66-ab1e-5a3e470ca409",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.9,
        "x": 0.05,
        "y": 0.38
      },
      "kind": "list",
      "text": "ProMedica: Financial condition, management transition of 150 properties.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8181d95d-12d6-48ea-8229-67b74b7dafd8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.05,
        "y": 0.7
      },
      "kind": "list",
      "text": "AlerisLife: Terminated agreements, issued equity, 89% share price decline.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8442fed9-52a9-4cde-9a37-8157f154efd2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.3,
        "x": 0.02,
        "y": 0.97
      },
      "kind": "source-note",
      "text": "Source: Public filings and press releases as of 01/04/2023.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1f715920-37ca-41c9-af1a-b2c5cf679a6d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.75,
        "x": 0.02,
        "y": 0.02
      },
      "kind": "title",
      "text": "Recent Restructurings Among Healthcare Operators",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d9dbc041-43e9-4ce6-b7e2-bc4ea0ed2a36",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "list-presentation",
      "slug": null,
      "matchId": "75cd3b21-edd5-4ada-a9e6-4e06ed4d012f",
      "evidence": "The slide uses a structured list to present case studies of healthcare operators.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 11,
      "from": 9,
      "beatId": "87ef89c4-e5d3-4c36-b751-d30ecd95bc70",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Problem & Complication",
      "beatSlug": "consultants-gambit-problem-complication",
      "evidence": "The document discusses the healthcare operator landscape and recent restructurings.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [
    {
      "to": 11,
      "from": 10,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "2f6a0c8f-edf9-472c-9233-a28f271e048c",
      "evidence": "The document discusses recent restructurings among healthcare operators.",
      "position": 0,
      "objective": "Highlight the consequences of not addressing the challenges faced by AlerisLife",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}