Magnolia Oil & Gas Corporation

announcedU=S+W/3W=S@11.50
MGYSEC EDGARCIK: 0001698990|TPG Pace Energy Sponsor, LLC•Oil and Natural Gas

Capital Structure & Economics

Trust Size$600,000,000
Unit Price$10.00
Warrant Coverage1/3
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

33% Warrant Inclusion
Public Trust Allocation$600,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedApr 17, 2017
Target AnnouncedMar 20, 2018
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyKarnes County Business
  • SectorOil and Natural Gas
  • Announced Deal Size$2,090,000,000
  • Announcement Date2018-03-20

Board & Officers

  • Christopher G. StavrosCEO
  • TPG Global, LLC(5)Officer
  • Stephen I. ChazenDirector
  • Timothy D. YangDirector
  • Steve F. MillicanDirector
  • Arcilia C. AcostaDirector
  • Angela M. BuschDirector
  • Edward P. DjerejianDirector
  • James R. LarsonDirector
  • Michael G. MacDougallDirector
  • Dan F. SmithDirector
  • John B. WalkerDirector
  • Stephen ChazenDirector
  • Arcilia AcostaDirector
  • David Bonderman(5)
    Director
  • Edward DjerejianDirector
  • Chad Leat(4)
    Director
  • Michael MacDougallDirector
  • Angela BuschDirector

Advanced Structuring Terms

Target SectorsOil and Natural Gas

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.

Dilution Cash Friction