Buckeye Partners, L.P. Expansion of BPLs International Marine Terminal Platform Through VTTI Strategic Investment Q3 2017 Earnings Call - November 3, 2017
VTTI B.V. MERGER BUYOUT OF MLP PUBLIC UNITHOLDERS o On September 13, 2017 Buckeye increased its strategic investment in VTTI with the successful completion of the buyout of the public unaffiliated LP unitholders of VTTI Energy…
BUCKEYES VTTI STRATEGY o Immediate world-wide presence with sizeable assets in key global hubs (ARA(1), Singapore, Middle East) Expand Our o High quality assets consisting of modernized terminals and newly constructed facilities, all…
BUCKEYES VTTI STRATEGY o Immediate accretion to distributable cash flow growing over time o Anticipated long-term acquisition multiple below 10x(1) Financially o Diversified, stable cash flows generated by fee-based supply logistics…
BUCKEYES VTTI STRATEGY o A deeper pool of M&A and greenfield development opportunities exists internationally, as emerging economies drive growing international refined products and crude demand High Growth o Global supply / demand…
BUCKEYES VTTI STRATEGY o Track-record of successful greenfield development and acquisitions across the globe, having developed in excess of 36MMBbls of new storage capacity and integrated nearly 19MMBbls of storage capacity High…