India's UPL grows dollar deal in weak market

Morgan Davis

March 02, 2018 08:45 am

india green px230 — Allahabad, India. 5th June 2015 -- An Indian student with face painted reading 'save earth' celebrates World Environment Day in Allahabad. India's cities are becoming more polluted and unhealthy, according to a new survey published recently. -- Students participate in a painting demonstration to mark World Environment Day. The World Environment Day is celebrated June 5 every year by the United Nations to stimulate global awareness on environmental issues. Indian students celebrate World Environment Day in Allahabad | Reporter#7626485 / Demotix/Demotix/Press Association Images

Indian agriculture company UPL Corp grabbed $300m from the sale of a 10 year bullet maturity bond on Thursday, after fighting the weak market backdrop to get the deal done.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ 4 capital markets databases
✔ Daily newsletters across markets and asset classes
✔ 2 weekly podcasts

Topics

Credit Suisse Corporate Bonds India Asia South Asia Morgan Stanley ANZ Asia Pacific Emerging Markets High grade and crossover bonds

MD

Morgan Davis

Deputy editor GlobalCapital Asia