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  "documentTitle": "Centerview Partners | Investment Banking Pitch Book | 5 slides",
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      "text": "- Preliminary Working Draft; All Figures Subject to Change / Update -",
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      "text": "Source: Indicative proposals provided and public company filings.",
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      "text": "Note: Dollars in millions.",
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      "text": "(1) Interest rate and frequency of payments based on lender non-binding proposal. Includes upfront fees and interest rate payments.",
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      "text": "(2) Assumes 12/31/22 closing date and fully drawn revolver.",
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      "text": "Bonsai $280mm Unsecured Loan, Lender A Bridge Facility Proposal, Bonsai $61.2mm Unsecured Loan, IL Term Loan, Facility Size, $280mm, $200mm, $61.2mm, $1,250mm, Security, Unsecured Term Loan B and Unsecured Revolving Facility, First priority lien on all assets of the Borrower, including all currently unencumbered assets, Unsecured, First priority lien loan, Interest Rate, 15% (PIK) / 0.5% unused fee on RCF, S+1,200bps (Cash) (~15.8%), 12% (PIK toggle), L+325bps (Cash), Upfront Fee, 2% (PIK), 5% (Cash), 2% (PIK), 2% (illustrative), Implied All-in Yield(1), 20.4%(2), 31.7%(2), 13.3%, 12.7%, Yield Spread vs. IL Term Loan, +7.7%, +18.9%, +0.5%, n.a., Early Redemption, No penalty, 1.15x MOIC true up paid at exit (Facility Termination Fee), Permitted at any time with no penalty, Permitted at any time with no penalty, Maturity, July 14, 2023, 6 months with one 3-month extension subject to a to-be-assigned A/R balance, January 29, 2026, October 30, 2027",
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