BLP advised The Prudential Insurance Company of America and Cigna as lenders in a senior note private offering of an aggregate amount of $115 million. The private placement was purchased by one or more investment funds or managed accounts by Prudential Private Capital, Inc., and Cigna Investment Inc. Procaps´ subsidiaries, including Salvadoran subsidiaries Procaps S.A. de C.V. and Biokemical S.A. de C.V., acted as guarantors in the transaction.

BLP also acted as local counsel for Prudential Financial, Inc. and Cigna Investment Inc. (creditors), in a team led by:

Zygmunt Brett
El Salvador
Partner
zbrett@blplegal.com