Cases & Deals


UPL Limited obtains US$500 million sustainability-linked loan

Clients UPL Limited

In a first of its kind for an Indian company, Jones Day represented UPL Limited in a US$500 million sustainability-linked loan with a US$250 million greenshoe option, arranged by MUFG Bank, Ltd. and Cooperatieve Rabobank U.A. The proceeds will be used to refinance the current outstanding US$3 billion loan currently in place at its subsidiary, UPL Corporation Limited. The proceeds of the US$3 billion loan were utilized by UPL for its acquisition of Arysta LifeScience Inc.

Jones Day had previously advised UPL Limited on the original US$3 billion facility in connection with the acquisition of Arysta LifeScience Inc.

We use cookies to deliver our online services. Details of the cookies and other tracking technologies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you consent to our use of cookies.