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TGS Baltic's team led by partner Sander Kärson advised Ares Management, a global alternative asset manager focused on alternative strategies, on Estonian law matters on 120 million USD financing agreement with Teligent, Inc., a US Nasdaq listed specialty generic pharmaceutical company active in the United States, Canada and Estonia.
TGS Baltic advised ACF Finco I LP, a limited partnership affiliated with Ares Management Corporation in its capacity as administrative agent for the first lien revolving credit agreement and Ares Capital Corporation in its capacity as administrative agent for the second lien credit agreement in connection with security package for Teligent OÜ, an Estonian subsidiary of Teligent, Inc..
Ares Management Corporation is one of the largest global alternative asset managers, with three complementary and market leading investment groups: credit, private equity and real estate. https://www.aresmgmt.com/
Teligent, Inc is a developer, manufacturer and marketer of pharmaceutical products for use by doctors and patients in the United States and Canada. The dynamic group of about 200 employees is based in New Jersey, Toronto, Montreal and Tallinn. http://www.teligent.com/
On the same topic
Marketwatch: Teligent, Inc. Executes $120 Million Financing Agreement
Teligent press release: Teligent, Inc. Executes $120 Million Financing Agreement
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