19 February, 2019
Baker McKenzie Wong & Leow recently acted as the lead counsel and English counsel to the mandated lead arrangers — MUFG, Rabobank, ANZ, Barclays, DBS, First Abu Dhabi Bank, JP Morgan and Societe Generale — and to more than 20 primary syndicate lenders on a USD 3 billion syndicated acquisition financing facility to UPL Corporation Limited for the acquisition of Arysta LifeScience Inc. from Platform Specialty Products Corporation. This deal is the largest outbound M&A by an Indian company since the 2008 global financial crisis.
UPL Corporation Limited is the international arm of UPL Limited, one of the leading global crop protection products companies headquartered in India. Arysta is a global provider of innovative crop protection solutions, including BioSolutions and Seed Treatment.
Kah Chin Chu, a principal in the Finance and Projects Practice Group at Baker McKenzie Wong & Leow took the lead on this matter. She was supported by Andrew Zaw (Local Principal), Amanda Toh (Senior Associate), and Alan Tindal and Satta Chairasmisak (Associates). Baker McKenzie Wong & Leow is the Singapore member firm of global law firm Baker McKenzie.
Commenting on this matter, Kah Chin Chu said: "We are very pleased to have been able to draw on our strengths and experience in acquisition finance and successfully assist our clients to close this deal within a tight timeframe."
Baker McKenzie is one of the leading law firms on acquisition financing; advising banks, financial institutions, private equity funds and corporations on financing public, private and leveraged cross-border transactions, including strategies for restructurings and recapitalizations, as well as investment-to-exit services.
