UPL Corporation Limited’s $750 Million Financing

Baker McKenzie Wong & Leow advised MUFG Bank and Rabobank on the deal.

UPL Corporation Limited received $750 million in a financing round.
The loan – the first sustainability linked loan in India – was for an original loan amount of USD 500 million and was subsequently upsized to USD 750 million as it was over-subscribed. This deal was completed in March 2021. 

The Baker McKenzie team was led by Kah Chin Chu (Picture), and associates Bernice Gan and Terrence Tim.

Involved fees earner: Kah Chin Chu – Baker McKenzie; Bernice Gan – Baker McKenzie; Terrence Tim – Baker McKenzie;

Law Firms: Baker McKenzie;

Clients: MUFG Bank, Ltd.; Rabobank;

Author: Sonia Carcano