Summary of Transaction
Accession by Chiltern - Pesquisa Clinica Ltda. ("Chiltern Brazil") to the Intercreditor Agreement entered into in connection with a term loan facility pursuant to the terms of a Senior Facilities Agreement granted to parent Chiltern International Ltd. ("Borrower"), a limited liability company of a global group with significant market share in the supporting, researching and coordination of health projects, including the activities of importation, exportation, distribution of pharmaceutical products, Lloyds TSB Bank plc, Haymarket Financial Luxembourg 3 S.a.r.l., Siemens Financial Services, Inc., Bank of Scotland plc, as Lenders, and Lloyds TSB Bank PLC, as security agent.

Date of closing
October, 17th, 2012

The accession was a condition of the facility, which in turn is fundamental to support the operational activities of the Borrower, enabling the refinancing of costs and the repayment of prior loans.

All firms Involved
Demarest e Almeida

Lawyers acting in transaction
Antonio Giglio (Partner)
Claudia Siqueira Silva (Associate)

Originally published 12 October 2012

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