Enel Americas S.a. · BCS:ENELAM

Enel Americas — Corporate Update (April 2019)

10 slides from Enel Americas's corporate update, Apr 25, 2019

  1. Slide 1: Enel Américas Update on Capital Increase

    Enel Américas Update on Capital Increase April 25th, 2019

  2. Slide 2: Update on Capital Increase

    Update on Capital Increase 2

  3. Slide 3: Key Events since Capital Increase Announcement

    Update on Capital Increase Key Events since Capital Increase Announcement Enel Américas proposes Enel Américas discloses The CMF1 resolves that the debt Capital Increase and complementary repayment of inter-company loan summons Extraordinary information on the Capital between Enel Brazil and EFI is

  4. Slide 4: Enel Américas Proposed Capital Increase

    Enel Américas Proposed Capital Increase Transaction Final Terms and Conditions  Registration of common shares in the Santiago Stock Exchange, Electronic Stock Exchange and CMF1 Offering Structure  Concurrent SEC2 registration of ADSs for trading in NYSE Pricing  Price setting mechanism: Rights Of

  5. Slide 5: Impacts for Enel Américas (1/2)

    Impacts for Enel Américas (1/2) Credit Profile, Balance Sheet and Capital Structure(1) 2018 Net Debt (US$ m) Net Debt / EBITDA (x) 2.0x 1.7x 2.0x 1.2x 1.4x 1.1x 1.1x 6,649 2,650 0.8x 0.6x n.a. 2018 2019E 2020E 2021E 3,999 FFO(2) / Net Debt (%) 119.9% 85.3% 45.0% 44.3% 54.2% 27.8% 30.6% n.a. Enel Amé

  6. Slide 6: Impacts for Enel Américas (2/2)

    Impacts for Enel Américas (2/2) Net Income and Dividends Paid Pre and Post-Transaction1 Total Net Income (US$ m) Total Dividends Paid (US$ m) 2019E-2021E Cumulative 2019E-2021E Cumulative +41% +190% Enel Brasil Consolidated 770 2,636 1,866 610 931 321 Pre-Transaction Increase Post-Transaction Pre-Tr

  7. Slide 7: Timing Considerations

    Timing Considerations Two Pre-emptive Offers Periods for Existing Shareholders February March April May June July August September Key Process Milestones Board of Directors Meeting 27-Feb Board Call for Extraordinary Shareholder's Meeting ("ESM") 27-Feb Record Dates to Vote at ESM 11-Mar (ADR holder

  8. Slide 8: Transaction Rationale

    Transaction Rationale The Transaction Paves the Way for a New Phase of Growth 2 Enel Dx Goiás (Ex Celg) 4 Purchase of consolidation 7.5% stake in +6.0x 1. Paid price: US$ 720 million Enel Dx Perú 2. Clients: 2.9 million from minorities 12.0 6 Capital 3. Location: State of Goiás 3 Volta Grande consol

  9. Slide 9: Thank you.

    1Q 2019 Results Contact us Rafael De La Haza Head of Investor Relations Enel Américas Jorge Velis Investor Relations Manager Enel Américas Itziar Letzkus Investor Relations Enel Américas Email Javiera Rubio ir.enelamericas@enel.com Investor Relations Enel Américas Phone Gonzalo Juárez +562 23534682

  10. Slide 10: CNC

    CNC

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