Crossamerica Partners Lp · NYSE:CAPL
Crossamerica Partners Lp — Merger or Acquisition (September 2019)
7 slides from Crossamerica Partners Lp's merger presentation, Sep 5, 2019
Slide 1: Second Asset Exchange Transaction
Second Asset Exchange Transaction September 2019 Exhibit 99.2
Slide 2: Forward Looking Statement
Forward Looking Statement Statements contained in this presentation that state the Partnership’s or management’s expectations or predictions of the future are forward-looking statements. The words “believe,” “expect,” “should,” “intends,” “estimates,” “target” and other similar expressions identify
Slide 3: Second Exchange - Assets/Transaction Overview
Second Exchange - Assets/Transaction Overview* *Additional details regarding the second asset exchange transaction are included in a joint (Couche-Tard and CrossAmerica) press release and Form 8-K filing, both issued on September 5, 2019, and available on the CrossAmerica website at www.crossamerica
Slide 4: Appendix
c:.» Appendix September 2019 CROSSAMERICA PARTNERS LP
Slide 5: Original Announcement in December 2018 - Exchange of Assets/Transaction Overview
Original Announcement in December 2018 - Exchange of Assets/Transaction Overview *Additional details regarding the asset exchange agreement are included in a joint (Couche-Tard and CrossAmerica) press release and Form 8-K filing, both issued on December 17, 2018, and available on the CrossAmerica we
Slide 6: Exchange of Assets/Transaction Overview Benefits
Exchange of Assets/Transaction Overview Benefits include: No external funding required to complete the transactions CAPL generates rental income and controls long-term fuel supply to the sites through fee ownership and ground leases Dealerization process prior to transactions helps streamline integr
Slide 7: Non-GAAP Financial Measures
Non-GAAP Financial Measures Non-GAAP Financial Measures We use non-GAAP financial measures EBITDA, Adjusted EBITDA, Distributable Cash Flow and Distribution Coverage Ratio. EBITDA represents net income available to us before deducting interest expense, income taxes and depreciation, amortization and
CrossAmerica Partners — Merger or Acquisition (September 2019) on 6ix