Debt - Listing Confirmation::US$400,000,000 Perpetual Subordinated Capital Securities ("Securities")

Issuer & Securities

Issuer/ Manager
UPL CORPORATION LIMITED
Securities
UPL US$400M5.25%PERCAPSEC - XS2125139464 - NEZB

Announcement Details

Announcement Title
Debt - Listing Confirmation
Date &Time of Broadcast
27-Feb-2020 13:19:52
Status
New
Announcement Sub Title
US$400,000,000 Perpetual Subordinated Capital Securities ("Securities")
Announcement Reference
SG200227OTHRV2TU
Submitted By (Co./ Ind. Name)
Securities Market Control
Designation
SGX-ST
Effective Date and Time of the event
28/02/2020 09:00:00
Description (Please provide a detailed description of the event in the box below)
1. The Securities will be listed and quoted in the Bonds Market with effect from 9.00 a.m., Friday, 28 February 2020.

2. The short name of the Securities is UPL 5.25%PerCapSec S and the ISIN Code is XS2125139464.

The letter "S" denotes that trading of the Securities is restricted to the persons specified in Sections 274 and 275 of the Securities and Futures Act (the "SFA").

3. The Securities will be quoted and traded in US Dollars (US$). The Notes will be issued in minimum denominations of US$200,000 and integral multiples of US$1,000 in excess thereof. The Notes will be traded in a minimum board lot size of US$200,000.

4. The issue date of the Securities is 27 February 2020.

5. The name and address of Principal Paying Agent for the Securities is as follows: -

Citibank, N.A., London Branch
c/o Citibank, N.A., Dublin Branch
One North Wall Quay
Dublin 1
Ireland

6. The Lead Managers/ Bookrunners of the Securities are Merrill Lynch (Singapore) Pte. Ltd., J.P. Morgan Securities plc, MUFG Securities EMEA plc, Cooperatieve Rabobank U.A., Singapore Branch, UBS AG Singapore Branch, Australia and New Zealand Banking Group Limited, Barclays Bank PLC, Citigroup Global Markets Limited, DBS Bank Ltd. and Societe Generale.

7. Please refer to the Issuer's offering documents for complete details before trading.

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.