UPL Corporation successfully completes pricing of US$ 300 million senior unsecured notes

Bond offering to close on 08 March 2018

UPL announced that its wholly owned subsidiary, UPL Corporation (formerly Biowin Corporation) has successfully completed the pricing of its US$ 300 million senior unsecured notes ('Notes') at 4.5 % per annum, due 2028. The Notes have been rated 'BBB-' by Fitch, and 'BBB-' by S&P. An application is filed to the Singapore Stock Exchange for the listing of the Notes. The offering is scheduled to close on 08 March 2018.

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