UPL Corp Redeems $400 Million Bonds, Strengthening Financial Position

UPL Ltd’s subsidiary, UPL Corporation, has successfully redeemed $400 million worth of perpetual subordinated capital securities, reinforcing its financial stability and debt management strategy. The redemption aligns with UPL’s commitment to optimizing its capital structure, ensuring long-term growth and investor confidence.

 

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UPL’s bond redemption marks a significant step in its financial restructuring, reinforcing its commitment to shareholder value and sustainable expansion.

 

Source: Economic Times, Trendlyne, Business Standard.