International Paper Company · NYSE:IP
International Paper — International Paper Co /New/ — IPO Roadshow (July 2017)
5 slides from International Paper's IPO roadshow presentation, Jul 31, 2017
Slide 1: Pension Plan Contribution & De-Risking
Pension Plan Contribution & De-Risking | July 31, 2017 Filed Pursuant to Rule 433 Registration Statement No. 333-202334
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements in these slides and made during this presentation may be considered forward-looking statements. These statements reflect management’s current views and are subject to risks and uncertainties that could cause actual results to differ materially from those
Slide 3: Statements Relating to Non-GAAP Financial Measures
Statements Relating to Non-GAAP Financial Measures During the course of this presentation, certain non-GAAP financial measures may be presented, such as Adjusted Operating EPS, Adjusted EBIT, Adjusted EBITDA, Adjusted EBITDA Margin, Free Cash Flow and Adjusted ROIC. A reconciliation of all presented
Slide 4: Strengthening Our Balance Sheet
Strengthening Our Balance Sheet Intend to make $1.25B voluntary pension contribution by September 15th – Funded partially with proceeds from today’s debt offering – Viewed as debt reduction by rating agencies – Contribution is tax deductible and locks in cash benefit prior to potential tax reform –
Slide 5: De-Risking the Company
De-Risking the Company 2014 2015 2016 2017 Contributions $353MM $750MM $750MM $1.25B IP is taking meaningful and deliberate steps to de-risk our pension plan De-Risking 2004 2014 2016 2017 Pension plan Decision made to freeze Voluntary term-vested closed to new defined benefit pension plan buy out p
International Paper Co /New/ — IPO Roadshow (July 2017) on 6ix