📄 Extracted Text (548 words)
EPHC Pace Holdings Corp. (NASDAQ: "PACEU")
S450 million IPO — second largest post-crisis offering at pricing I
DB led the $450mm IPO Summary IPO terms Pace Holdings overview
of Pace Holdings Corp., a
TPG Capital-sponsored
SPAC, representing a
Pricing date:
EPHC
September 10. 2015
• Paco Holdings Corp (Pace) is a blank chock company formed for the
purpose of entering into a business combination with an enduring business
with compelling public market
• Intend to deploy a thematic sourcing strategy to identity companies that are
landmark transaction that
Transaction size: $450 million (includes SS0mm greenshoe) not operating at its full potential and could benefit from a hands-on lead
features a premier global shareholder who can identify and implement improvements
Securities offered: 45 million units (includes 5.0 million over-allotment
sponsor and pioneers an shares) • Management team has extensive experience in identifying and executing full
innovative 1/3 warrant - each consisting of 1 share of common stock and 1 potential acquisitions in both North America and Europe across a number of
warrant (exercisable for 1/3 share of common stock) sectors including travel, technology, media and business services
coverage structure Amount held in trust: Equal to 100% of offering proceeds • Management team is led by Karl Peterson. Managing Partner of TPG's
Sponsor "at risk" $11.0 million investment in warrants at $0.50 per European business
Transaction was Investment: warrant (direct purchase of 22 milieu warrants)
— Peterson has over 20 years of experience in the private equity and has
Sponsor promote: Shares issued to sponsor at formation equivalent to
completed in an 200% of common equity ownership post - public raise
played a key leadership role in originating or executing over 20 private
equity transactions
accelerated 3-day Offering fees: 5.5% including 3.5% deferred lees
roadshow, garnering Pace DB Role: Lead left bookrunner 0 — Will leverage TPG Capital's existing breadth and depth in transaction
sourcing, ditgencing and execution
with a robust orderbook of
unprecedented investor
Compelling investment highlights of a TPG-led SPAC Differentiating highlights of what makes Pace unique
quality
0 TPG affiliation provides capabilities of worldwide reach
J Sponsor quality
Unprecedented
orderbook quality
Structuring
Key management 0 On average. two decades of experience as hands
operator
investo, and
J • Leading global As the sole
coordinator of the pre-
DB helped structure
an rmovalrve
Name
Post.on
0 Demonstrated ability to create 'Alpha' across cycles
j
private alternative
assl manager wall
-S75bn of AVM
marketing process.
DB helped Pace test
the waters oath
warrant frarnework,
lowering warrant
coverage from 1(2
David Bondeenan
Chairman of the Board
0 Ability to identify and i.nple ment change + Global team of over
250 With exleneve
deal sourcing and
dozens of leading
SPAC investors and
premier long-only's
(which DB also
incepled)lo 113 and
aksodecreasing the
James Gouher
0 Innovationand technology conmel once, execution
experience
• Both David
Pace garnered
exceptionally-positive
feedback and an
mandatory
redemption price
(associated with the
Director
Karl Peterson
0 Extensive network with global reach Border an and
JamesCoulter will
be involved
orderbook consisting
of maniple premier
long-only investors
underlying share)
from $24 CO to
$18.00
President CEO and Director
0 Strong stewardship of companies In public markel
Deutsche Bank Some. Company dale 32
Corpora₹e Banking Z. Securities
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0062152
CONFIDENTIAL SDNY_GM_00208336
EFTA01369717
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