Barclays Investment Banking Pitch Book
Trans Am Price Performance
TLP vs. AMZ (5-Day)
TLP vs. AMZ (10-Day)
105.0%
102.5%
100.0%
97.5%
95.0%
7/2/2018
Date
7/9/2018
7/10/2018
7/11/2018
7/12/2018
7/13/2018
7/16/2018
7/17/2018
7/18/2018
7/19/2018
7/20/2018
7/23/2018
7/24/2018
7/25/2018
7/26/2018
7/27/2018
7/30/2018
7/31/2018
8/1/2018
8/2/2018
8/3/2018
TLP
Unit Price
$36.11
$38.49
$38.20
$39 23
$39.03
$38.65
$38.88
$39.61
$39.95
$39.77
$40.00
$40 25
$40.30
$40.10
$39.73
$39.34
$39.03
$39.88
$39.85
$39.35
BARCLAYS
105.0%
102.5%
AMZ: 1.6%
7/9/2018
100.0%
TLP: (1.3%).
97.5%
95.0%
TLP % Price Change
From Previous Close
6.6%
(0.8%)
(1.0%)
0.6%
1.9%
0.9%
(0.5%)
0.6%
0.6%
0.1%
6/25/2018
(0.5%)
(0.9%)
(1.0%)
(0.8%)
2.2%
(0.1%)
AMZ % Price Change
From Previous Close
(0.8%)
1,0%
0.3%
(0.3%)
(0.6%)
2.5%
(1.1%)
0.5%
(2.1%)
0.9%
0.5%
0.4%
(0.2%)
7/9/2018
TLP: (2.5%)
Source: FactSet
Note: Graphs reflect 5, 10, 20 and 30 trading days
1.
Tier / comparable companies include MMP, BPL PBFX, GLP, SRLP, MMLP, BKEP and USDP
Price Performance Tracker
TLP Price Performance Since the 7/9/18 Undisturbed Price
AMZ Cum. Change
Since 7/9/18
105.0%
6.6%
5.8%
8.6%
102.5%
7.0%
7.7%
9.7%
10.6%
10.1%
10.8%
11.5%
11,6%
11.0%
10.0%
8.9%
8.1%
10.4%
10.4%
9.0%
TLP vs. AMZ (20-Day)
100.0%
TLP Premium
to 7/9/18
97.5%
2
95.0%
W
6/11/2018
(0.8%)
0.2%
0.5%
0.1%
(0.5%)
1.0%
3.5%
2.4%
5.0%
6.2%
3.9%
4.8%
5.8%
8.2%
80%
0.2%
(0.4%)
0.5%
1,0%
0.0%
(0.7%)
(1.1%)
0.1%
105.0%
0.6%
0.8%
2.2%
3.2%
1.6%
2.9%
3.6%
3.9%
3.5%
3.9%
TLP vs. AMZ (30-Day)
102.5%
AMZ: (3.3%)
TLP: (5.6%)
7/9/2018
100.0%
97.5%
Tier 1 Comps Cum.
Change Since 7/9/18
95.0%
5/25/2018
Initial Offer
(7/10/18)
$38.00
$38.00
$38.00
$38.00
$38.00
$38.00
$38.00
5:38.00
$38.00
$38.00
$38.00
$38.00
5:38.00
$38.00
$38.00
$38.00
$38.00
$38.00
$38.00
TLP: 6
STLP: (4.9%)
7/9/2018
Premium to
7/10/18 Offer
0.5%
32%
1.7%
4.7%
5.3%
5.9%
6.1%
AMZ: 1.0%
4.6%
3.5%
2.7%
4.9%
3.6%View entire presentation