In 2025, Recordati's management reached out expressing a desire to finance future growth and strengthen our existing relationship. In September of that same year, PGIM provided the Company with a $220million Revolving PGIM Private Shelf Facility to both support near-term investments and be allocated towards capex and future acquisitions.
Recordati's management was impressed by our ability to issue long-term US Private Placements, our flexible and pragmatic approach, and our ability to serve as an institutional long-term investor.
We value the relationship we have built with Recordati over the years, and we look forward to continuing our support for their future growth.
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