UPL, formerly United Phosphorus, is the world’s fifth-largest agrochemicals company.

First Indian co to raise sustainability linked loans; to reduce carbon emissions, water usage and waste over 5 years

Perpetual bonds have no fixed maturity. Bharti Airtel raised $1 billion in two tranches in past few months.

HDFC Securities in November gave a ‘buy’ rating on Symphony with a price target of Rs 1,812.

In July 2018, the city-based company had announced its largest acquisition of the US-based Arysta LifeScience for USD 4.2 billion, catapult...

"The short tenor loan carries zero running coupon and is the first such financing raised by the group," UPL said.

The completion of the transaction, which was signed in July 2018, will further strengthens UPL's position as a global leader in agricultura...

Arysta acquisition makes sense as size matters in agrochem industry, says UPL management

"Strong earnings, promising demographics and big ticket deals drove the M&A activity, clocking deals worth USD 76 billion from over 350 tra...

"PE deals recorded a robust 37 percent and 72 percent increase in volumes and values respectively in July 2018 as compared to July 2017," G...

The loans will be provided by pledging the balance sheet of Arysta LifeScience.

Headline indices Sensex and Nifty opened with decent gains on Monday.

UPL signed a definitive agreement to acquire Arysta Life Science for $4.2 billion in an all cash consideration last Friday.

TPG has agreed to invest $300 million for a minority stake in UPL Corporation.

Arysta Life Science is a global provider of innovative crop protection solutions, including bio solutions and seed treatment.

Arysta LifeScience is a global provider of innovative crop protection solutions.

UPL Corporation, formerly Bio-Win Corporation, houses UPL’s expansive global agrochemicals business, which contributed 87% of its FY18 sale...