McClatchy Capitalization and Operating Trends

Financial Summary

  • LTM Revenue: $1.25bn
  • LTM EBITDA: $243mm (19.8% margin)
  • LTM FCF: $92mm (6% of total debt)
  • Total Debt: $1.56bn
  • LTM net total leverage: 5.3x
  • Total Liquidity: $300mm; $265mm cash on hand

Picture5

Market Comparables

Picture4

Revenue and EBITDA Margin

Picture6

Follow Up

  • Credit Profile Over Time
    • Debt Payoff Projections
    • Total Debt / EBITDA Projections