π Tender Overview
COMPANY NAME
Promedon S.A.
PROJECT NUMBER
14834-01
E&S CATEGORY tooltip
B
COUNTRY
Regional
SECTOR
N/A
STATUS
Proposed
DISCLOSED DATE
05/24/2024
Projected date at which a project will be put forward for the Board of Executive Directorsβ approval.
PROJECTED BOARD DATE tooltip
09/20/2024
APPROVAL DATE
N/A
SIGNED DATE
11/01/2024
SPONSORING ENTITY
N/A
INVESTMENT OPERATIONS DEPARTMENT CONTACT
N/A
INVESTMENT TYPE
Loan
SYNDICATED AMOUNT
N/A
FINANCING AMOUNT
USD $ 15,000,000
CURRENCY
USD
Project scope and objective
Founded in 1985 in Argentina, Promedon is a leading company in the manufacturing and distribution of high-complexity medical devices, especially in the fields of urology, arthroscopy, gastrointestinal endoscopy, and neurosurgery. Currently, the Promedon Group operates directly in Latin America in Brazil, Chile, Mexico, and Argentina, and in Europe in Germany, Austria, Switzerland, Sweden, Spain, the Netherlands, and Portugal. The proposed operation consists of a medium-term loan to the Company for the development of new products and medical equipment, including clinical trials and product registration in various markets.