Niska Gas Storage Partners LLC
Niska Gas Storage Partners — Presentation (April 2013)
8 slides from Niska Gas Storage Partners's investor presentation, Apr 3, 2013
Slide 1: Niska Gas Storage Partners LLC Equity Restructuring
Niska Gas Storage Partners LLC Equity Restructuring April 3, 2013 Exhibit 99.2
Slide 2: Forward Looking Statements
Forward Looking Statements Some of the statements in this presentation concerning future performance will be forward-looking within the meaning of US securities laws. Forward-looking statements discuss our future expectations, contain projections of results of operations or of financial condition, f
Slide 3: Equity Restructuring Overview
2 Equity Restructuring Overview Equity restructuring combines and restructures subordinated units and prior incentive distribution rights into a new class of incentive distribution rights (referred to herein as the new IDRs) All 33.8 million subordinated units and prior incentive distribution rights
Slide 4: Equity Restructuring Overview (continued)
3 Equity Restructuring Overview (continued) No changes to MQD, no changes to existing common units Board and Conflicts Committee have approved the restructuring and no further consents or approvals required, restructuring effective immediately Ownership of Niska by Carlyle/Riverstone Energy and Powe
Slide 5: Niska – Before and After
4 Niska – Before and After Niska Gas Storage Partners LLC (NYSE: NKA) Public Unitholders 17,500,000 Common Units Carlyle/Riverstone Funds, through Niska Sponsor Holdings Coöperatief U.A. (“HoldCo” or “Sponsor”) 16,992,245 Common Units 33,804,745 Subordinated Units 72.9% Membership Interest and Incen
Slide 6: Illustrations of Impact of Potential Distribution Changes
5 Illustrations of Impact of Potential Distribution Changes
Slide 7: Impacts to Common Unitholders
Impacts to Common Unitholders Common units participate immediately in any distribution increases Eliminates requirement to fund $12.0 million of additional quarterly cash distributions prior to common units receiving increased distributions Eliminates uncertainty of future subordinated unit distribu
Slide 8: For Further Information Contact: Investor Relations
Brandon Tran 403-513-8600 ir@niskapartners.com 400 - 607 8th Ave SW Calgary, AB T2P 0A7 For Further Information Contact: Investor Relations
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