• Olimpia Partners acted as financial advisor to Silimed to structure and negotiate a 5 year syndicated loan with the the four largest banks in Brazil in order to re-profile the company’s existing debt

– Silimed’s indebtedness was concentrated on short term lines of credit with several mid-sized banks in Brazil, and with interest rates significantly above of companies of similar size

• Olimpia Partners worked with the company to develop a business plan to be presented to the banks and advised Silimed during all stages of the negotiation with the new creditors

• Silimed is the largest manufacturer of silicone implants in Latin America and the third largest producer in the world

– Silimed produces breast, gluteus, calf, facial, urology and obesity implants, among other products, and sells its products in more than 60 countries around the world