UPL’s wholly owned subsidiary -- UPL Corporation (formerly Biowin Corporation) has successfully completed the pricing of its $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 March 8, 2018.
UPL is global player of crop protection products has customer base in 123 countries. It has subsidiary offices in Argentina, Australia, Bangladesh, Brazil, China, Canada, Denmark, Indonesia, France, Hong Kong, Japan, Korea, Mauritius, Mexico, New Zealand, Russia, Spain, Taiwan, South Africa, USA, UK, Vietnam and Zambia.