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  "documentTitle": "Tudor, Pickering, Holt & Co | Investment Banking Pitch Book | 116 slides",
  "authorId": "tudor-pickering-holt-co",
  "authorName": "Tudor, Pickering, Holt & Co",
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  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2018-11-01 00:00:00",
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  "pageNumber": 52,
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  "notes": "Includes a sources and uses table and two pie charts comparing ownership structure.",
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      "kind": "chart",
      "text": "Pro Forma Ownership: Prior AM Public 28.7%, Existing Public 14.9%, Mgmt 7.1%, Series B 3.5%, Sponsors 13.4%, AR 32.4%",
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      "text": "AMGP Ownership Comparison: Status Quo (Sponsors 38.0%, Existing Public 42.0%, Mgmt 20.0%)",
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      "text": "Source: FactSet as of 8/21/2018. (1) Includes equity issued for Series B unit conversion into AMGP shares. (2) Assumes Cash consideration per unit paid to cover transaction related taxes... (3) Provided by Management. (4) Equity ownership does not reflect the gross up of the AM Proposal XR for the $3.00 cash consideration.",
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      "text": "Transaction effective on 6/30/2018; To acquire AM, AMGP will convert into a C-Corp in a 100% stock transaction; AM Proposal assumes: Each outstanding AM common unit exchanged for 1.71 AMGP shares; Cash consideration of $3.00 paid to all unitholders; All existing Series B units exchanged for 18.5mm AMGP shares; 2H 2018E coverage adjusted to maintain SQ distribution per unit",
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      "text": "Sources & Uses at AM Proposal: AMGP Equity Issued $6,599, AM Debt Rolled $1,400, Revolver Draw $564, Total Sources $8,564; Uses: Purchase AM Units $6,228, Conversion Series B $358, Cash Consideration $564, Transaction Fees $13, AM Existing Debt $1,400, Total Uses $8,564",
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      "text": "Transaction Assumptions",
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