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© Top Gun Advisors 2017 Amcor Rigid Plascs Nicholasville, KY OFFERING MEMORANDUM Credit Tenant - Specialized Manufacturing Facility - Net Lease
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Page 1: Credit Tenant - Specialized Manufacturing Facility - Net · PDF fileCredit Tenant - Specialized Manufacturing Facility - Net Lease. 2 ... broad-scale production, ... Process: 7 Transformers

© Top Gun Advisors 2017

Amcor Rigid PlasticsNicholasville, KY

OFFERING MEMORANDUM

Credit Tenant - Specialized Manufacturing Facility - Net Lease

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Top Gun AdvisorsGreg [email protected]

Offering Timeline .....................3Tenant Information .....................4Sample Products .....................5Guarantor Information....................6

Contents

David [email protected]

Details .....................7Aerial .....................8Floor Plan .....................9

Offer Form: Offers will only be accepted on approved term sheet enclosed with offering memorandum package

Potential Expansion .....................10Photos .....................11Disclaimer .....................12

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Floor Plan .....................9 Photos .....................10Disclaimer .....................11

Offering Timeline

Offering Timeline

Offering Memorandum Issued

Initial Round Offers Due

Short-list Investors Selected

Selected Site Visits

Best-and-Final Offers Due

Investor Selected

P&S Agreement Executed

Due Diligence / Closing

On or around March 22nd, 2017

March 31st, 2017

April 4th, 2017

Completed by April 21st, 2017

April 26th, 2017

April 28th, 2017

May 10th, 2017

Completed by June 16th, 2017

March 22nd, 2017

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Tenant Information

Amcor Rigid PlasticsAmcor Rigid Plastics, one of the business groups within Amcor Limited, is the leading supplier of consumer-driven plastic packaging for the world’s most popular brands in the food, beverage, pharmaceutical and personal & homecare industries. With 6,300 employees located at 44 manufacturing sites in North America, Amcor focuses on delivering packaging solutions that provide shelf differentiation, unique features, advanced technology, and cost competitiveness.Amcor’s superior design capabilities are enhanced by a multi-material portfolio of rigid plastics options, helping to provide customers with unique packages that get brands noticed. At the same time, however, Amcor is strongly committed to producing responsible packaging and holds the belief that there’s nothing more important than creating sustainable value for customers while contributing to a better world for today and tomorrow.Amcor Rigid Plastics also understands the importance of reducing costs throughout the supply chain. The breadth of Amcor’s manufacturing network creates the ability to deliver a broad-scale production, yet maintain a local presence. Amcor Rigid Plastics employs a highly diverse and talented group of professionals focused on delivering the highest quality packaging solutions. Utilizing a cross-functional organizational structure, our people can strategize and apply best practices with a 360-degree view of the industry. It is through this synergistic, collaborative approach that Amcor Rigid Plastics has become the industry’s gold standard for quality and value.

Amcor in Nicholasville, KYAmcor’s Nicholasville plant is a strategic production site in the company’s footprint and critical to its long term success in the Midwest/Southern regions. Some highlights for the Nicholasville operation include: • 220 Employees • Multiple customers serviced in the spirits, home, health, and personal care industries • Over 700 million units produced per year

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Sample Products

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Guarantor Information

Amcor at a GlanceAmcor is a global leader in responsible global packaging solutions supplying a broad range of rigid & flexible packaging products into the food, beverage, healthcare, home and personal care and tobacco packaging industries

Find out more about Amcor Limited by visiting https://www.amcor.com

Fiscal Year 2016 Key Metrics

Current Market Cap $13.0BAnnual Revenue $9.5BNet Income to Common $273MDiluted EPS $0.21Return on Assets 3.18%Return of Equity 32.3%Cash & Cash Equivalents $516M

Credit Profile

Current Ratio $.088Net Debt / EBITDA 2.7XLong-Term Credit Rating S&P:BBB/Stable/A-2 Moody’s Baa2/Stable/P2

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Details

Address: 801 Memorial DriveNicholasville, KY 40356

Tax Parcel: 046-00-00-024-00046-00-00-022-00

Building Type: Food Grade Injection/ Blow Molding Facility

Rentable Area: Office: 8,284 SFWarehouse: 16,145 SFProduction: 125,386 SFTotal: 149,815 SF

Site Area: 6.1 acres

Year Built: 1973 (Expanded:1995)

Construction: Metal Panel

Roof: Steel/ Partial 60 mil smooth roof

Floors: 6” minimumReinforced 12” -18” sections forMechanical, compressor, and injection areas

Car Parking: 91

Lighting: Encapsulated T5 & T8

Electrical: Building: 2,500 KvAProcess: 7 Transformers(1,000 - 2,500 kVA each)

Fire Safety: Wet Type

Loading: 7 Docks1 Drive-in Doors

Dock Equipment: All doors fully equipped withrestraints, levelers, shelters, and seals.

Trailer Parking: Approximately 15 Trailer Spots

Truck Court Dimensions: 204’ x 168’

Rail Line: Norfolk Southern

Clear Height: Warehouse 23’ - 25’Production 18’ - 22’

Tenant Investment: $73M of equipment & Infrastructure

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Aerial

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Floor Plan

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3 11-02-16 PRICING DOCUMENTS

Potential Expansion

Investment in NicholasvilleAmcor Rigid Plastics is currently evaluating a strategic investment to increase manufacturing capacity at the Nicholasville plant site. Should this investment occur, it will include a significant financial commitment by Amcor in new equipment and supporting infrastructure. This investment would require an expansion to the building of approximately 54,000 SF.

3 11-02-16 PRICING DOCUMENTS

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Photos

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DisclaimerTop Gun Advisors (“TG Advisors) has been engaged as exclusive advisor to Amcor Rigid Plastics (the "Company") in connection with the Company’s solicitation ofoffers for the purchase of its manufacturing and distribution facility (the “Property”) . The solicitation and potential sale of the Property shall be governed by thisConfidential Offering Memorandum, as it may be modified or supplemented (the “Offering Memorandum”) and the purchase agreement governing the sale of theProperty (the “Purchase Agreement”). Prospective purchasers are advised that as part of the solicitation process, the Company will be evaluating a number offactors including the current financial qualifications of the prospective purchaser. Prospective purchasers are further advised that the Company expressly reservesthe right in its sole and absolute discretion to evaluate the terms and conditions of any offer and to reject any offer without providing a reason therefore. Further,the Company reserves the right to terminate the solicitation process at any time prior to final execution of the Purchase Agreement.

The information contained in this Offering Memorandum, including, without limitation, all photographs, maps and artwork contained herein, as well as any otherinformation (whether written, electronic or verbal) furnished by the Company or TG Advisors or their affiliates, or any of their respective officers, directors,shareholders, owners, employees, contractors or agents (collectively, the “Information”) is confidential, and is furnished solely for the purpose of a review by aprospective purchaser of the Property, and is not to be used for any other purpose or made available to any other person without the express written consent ofthe Company or TG Advisors. The Information is based in part upon information supplied by the Company and in part upon information obtained by TG Advisorsfrom sources it deems reasonably reliable. Summaries of any documents are not intended to be comprehensive or all-inclusive, but rather only outline some of theprovisions contained therein and are qualified in their entirety by the actual document to which they relate.

While the Company and TG Advisors have no reason to believe that the Information provided herein, or in any other marketing or due diligence materialsprovided, contains any material inaccuracies, neither the Company, TG Advisors, nor their affiliates, nor any of their respective officers, directors, shareholders,owners, employees, contractors or agents make any representations or warranties, expressed or implied, as to the accuracy or completeness of the Information,including, without limitation, any financial projections and Information as to engineering or environmental matters or as to the future performance of theProperty. Without l imiting the foregoing, prospective purchasers should realize that any financial projections are estimates only, and are based on factors thatmay change in the future. Accordingly, any such projections should not be relied upon. Prospective purchasers should make their own projections and form theirown conclusions without reliance upon the material contained herein and should conduct their own due diligence, including engineering and environmentalinspections, to determine the condition of the Property and the existence of any potentially hazardous material located at the Property site or used in theconstruction or maintenance of the building(s) at the Property site.

A prospective purchaser's sole and exclusive rights with respect to this prospective transaction, the Property, or the Information shall be limited to those expresslyprovided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims againstthe Company or TG Advisors or any of their affiliates or any of their respective officers, directors, shareholders, owners, employees, contractors or agents, for anydamages, l iability, or causes of action relating to this solicitation process or the marketing or sale of the Property.

Prospective purchasers are not to construe the contents of this Offering Memorandum or any prior or subsequent communications from TG Advisors or theCompany or their affiliates or any of their respective officers, directors, shareholders, owners, employees, contractors or agents as legal, tax or other advice. Priorto submitting an offer, prospective purchasers should consult with their own legal counsel, as well as tax and other advisors, to determine the consequences of aninvestment in the Property and arrive at an independent evaluation of such investment. No brokerage commission or finder's fee shall be payable to any party bythe Company or TG Advisors or any affiliates or agents thereof in connection with the sale of the Property unless otherwise agreed to by the Company or TGAdvisors in writing.


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