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UPL’s arm raises Euro 100 million working capital loan

24 Jul 2019 Evaluate

UPL’s international arm -- UPL Corporation has arranged financing of EUR 100 million to meet working capital requirements across the group. The short tenor loan carries zero running coupon and is the first such financing raised by the group. The facility is proposed to be arranged by Cooperatieve Rabobank U.A., the leading Dutch Food and Agri-focused bank. The transaction is subject to customary conditions, including the execution of necessary documentation and receipt of required approvals and is expected to be completed in August-September 2019.

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.

UPL Share Price

642.30 -11.65 (-1.78%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
UPL 642.30
PI Industries 3068.35
Bayer CropScience 4742.40
Sharda Cropchem 1109.75
Sumitomo Chemical 446.90
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