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

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Capital Market

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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First Published: Mar 05 2018 | 12:31 PM IST

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