United Phosphorus Limited

completed

UPL is the largest generic agrochemical company in India. The project consists of a corporate restructuring and an investment program which includes: (i) refinancing a portion of the company’s debt to extend maturities; (ii) rationalizing of the company’s cost base through modification of the plant processes and moving the UK production facility to India; and (iii) increasing the company’s global presence through acquiring product registrations in developed markets.IFC investment will help the Indian government to pursue its goals in the corporate restructuring by attracting foreign investment. IFC investment will also contribute to creating a world-class agrochemical company in India.