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  "documentTitle": "UTZ Brands | SPAC Presentation Deck | 49 slides",
  "authorId": "utz-brands",
  "authorName": "Utz Brands",
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  "presentationDate": "2020-08-01 00:00:00",
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  "notes": "The slide uses a numbered list for capital allocation priorities and a bar chart to illustrate deleveraging.",
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      "text": "Expected Deleveraging",
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      "text": "1. Business Growth (Including M&A)\n2. Debt Reduction\n3. Dividend Increase\n4. Share Buyback",
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      "text": "2020E Net Debt / Projected Further Adj. EBITDA of 3.1x\nTarget Net Leverage of 3 – 4x\nHigher Net Leverage Possible for Strategic Acquisitions, Returning to Target Range within 1 – 2 Years",
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      "text": "1). Represents Net Debt / Projected Further Adj. EBITDA. Please see page 41 for reconciliation. For 2020 and 2021, “Projected Further Adjusted EBTIDA” refers to figures disclosed in the definitive proxy / prospectus and represents management’s view of Utz as a public company.",
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      "text": "Capital Focused on Driving Growth",
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