UL LLC

UL Solutions Closes Private Offering of Senior Notes

Retrieved on: 
Friday, October 20, 2023

UL Solutions Inc. (the “Company”) today announced that it has closed a private offering (the “Offering”) of $300 million aggregate principal amount of 6.500% senior notes due 2028 (the “Notes”).

Key Points: 
  • UL Solutions Inc. (the “Company”) today announced that it has closed a private offering (the “Offering”) of $300 million aggregate principal amount of 6.500% senior notes due 2028 (the “Notes”).
  • The Notes are guaranteed on a senior unsecured basis by the Company’s wholly owned subsidiary, UL LLC.
  • The Notes will pay interest semiannually beginning on April 20, 2024.
  • The Offering was made only to qualified institutional buyers in accordance with Rule 144A under the Securities Act and to non-U.S. persons in accordance with Regulation S under the Securities Act.

UL Solutions Prices Private Offering of Senior Notes

Retrieved on: 
Thursday, October 5, 2023

UL Solutions Inc. (the “Company”) today announced that it has priced a private offering (the “Offering”) of $300 million aggregate principal amount of 6.500% senior notes due 2028 (the “Notes”).

Key Points: 
  • UL Solutions Inc. (the “Company”) today announced that it has priced a private offering (the “Offering”) of $300 million aggregate principal amount of 6.500% senior notes due 2028 (the “Notes”).
  • The Notes will be guaranteed on a senior unsecured basis by the Company’s wholly owned subsidiary, UL LLC.
  • The Notes will pay interest semiannually beginning on April 20, 2024.
  • The Company anticipates that the closing of the Offering will take place on or about October 20, 2023, subject to market and other customary closing conditions.

UL Solutions Announces Expanded Scope of Recognition as a Nationally Recognized Testing Laboratory to Serve Local Customers

Retrieved on: 
Wednesday, October 4, 2023

NORTHBROOK, Ill., Oct. 4, 2023 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, today announced that 42 of its facilities participating in the United States (U.S.) Occupational Safety and Health Administration (OSHA) Satellite Notification and Acceptance Program (SNAP) are now recognized testing sites under the UL Solutions legal entity UL LLC and its scope of recognition in OSHA's Nationally Recognized Testing Laboratory (NRTL) Program. The OSHA NRTL Program enables product certification bodies, such as UL Solutions, to certify products used in the U.S. workplace. OSHA's action allows UL Solutions to continue serving customers locally at a total of 55 NRTL recognized testing sites following OSHA's termination of SNAP.

Key Points: 
  • UL Solutions' 42 facilities operating under the Satellite Notification and Acceptance Program are now recognized testing sites under OSHA's Nationally Recognized Testing Laboratory Program, allowing UL Solutions to continue critical safety work and serve customers locally.
  • NORTHBROOK, Ill., Oct. 4, 2023 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, today announced that 42 of its facilities participating in the United States (U.S.) Occupational Safety and Health Administration (OSHA) Satellite Notification and Acceptance Program (SNAP) are now recognized testing sites under the UL Solutions legal entity UL LLC and its scope of recognition in OSHA's Nationally Recognized Testing Laboratory (NRTL) Program.
  • OSHA's action allows UL Solutions to continue serving customers locally at a total of 55 NRTL recognized testing sites following OSHA's termination of SNAP.
  • "We are pleased that OSHA approved our application requesting the conversion of our 42 Satellite Notification and Acceptance Program sites to recognized testing sites under our scope of recognition in OSHA's Nationally Recognized Testing Laboratory Program," said Rick Titus, accreditation manager, UL Solutions.

Fire Protection System Testing, Inspection, And Certification (TIC) Market worth $633 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 27, 2023

Further bolstering the fire protection system TIC market are expanding fire safety requirements in emerging economies, heightened awareness of fire safety, and a growing need for system maintenance and testing services.

Key Points: 
  • Further bolstering the fire protection system TIC market are expanding fire safety requirements in emerging economies, heightened awareness of fire safety, and a growing need for system maintenance and testing services.
  • Consequently, TIC providers offering innovative solutions are poised for success in this evolving market.
  • By service type, the certification service records the highest growth rate during the forecast period.
  • During the forecast period, the Fire Protection System Testing, Inspection, and Certification (TIC) industry is expected to witness a substantial market share held by the sprinkler system segment.

Fire Protection System Testing, Inspection, And Certification (TIC) Market worth $633 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 27, 2023

Further bolstering the fire protection system TIC market are expanding fire safety requirements in emerging economies, heightened awareness of fire safety, and a growing need for system maintenance and testing services.

Key Points: 
  • Further bolstering the fire protection system TIC market are expanding fire safety requirements in emerging economies, heightened awareness of fire safety, and a growing need for system maintenance and testing services.
  • Consequently, TIC providers offering innovative solutions are poised for success in this evolving market.
  • By service type, the certification service records the highest growth rate during the forecast period.
  • During the forecast period, the Fire Protection System Testing, Inspection, and Certification (TIC) industry is expected to witness a substantial market share held by the sprinkler system segment.

Indoor Air Quality Solutions Market Size to Grow by USD 14.61 billion from 2021 to 2026; The technological advancements in indoor air quality solutions to be a major market trend - Technavio

Retrieved on: 
Tuesday, June 27, 2023

Several vendors offer a broad range of air quality monitoring equipment and air quality management solutions and systems, assuring complete air quality management.

Key Points: 
  • Several vendors offer a broad range of air quality monitoring equipment and air quality management solutions and systems, assuring complete air quality management.
  • Indoor Air Quality Solutions Market: Market Dynamics
    The new product development and robust marketing support are notably driving the Indoor Air Quality Solutions Market.
  • The high competition will be a major challenge that may impede the Indoor Air Quality Solutions Market growth.
  • The global indoor air quality meters market is witnessing growth due to the increase in government regulations and initiatives related to indoor air quality.

Global Electric Vehicle Testing, Inspection, and Certification Markets, 2022-2031: Emerging Opportunities as Countries Mandate Periodic Technical Inspections (PTI) of Electric Vehicles

Retrieved on: 
Friday, March 31, 2023

The growth in the electric vehicle testing, inspection, and certification market is expected to be driven by technological advancements in electric vehicle systems and increasing sales of electric vehicles around the world.

Key Points: 
  • The growth in the electric vehicle testing, inspection, and certification market is expected to be driven by technological advancements in electric vehicle systems and increasing sales of electric vehicles around the world.
  • Electric vehicle testing, inspection, and certification is a crucial phase in the development of electric vehicles as well as for the success of vehicle suppliers and manufacturers.
  • The implementation of electric vehicle testing, inspection, and certification is increasing in electric vehicles.
  • Key players in the global electric vehicle testing, inspection, and certification market analyzed and profiled in the study involve electric vehicle testing, inspection, and certification-based service providers.

Electric Vehicle Testing, Inspection, and Certification Market Analysis and Forecasts, 2022-2023 & 2031: Advent of Digital Technologies Pushes the Growth of the Global $4,038.2 Million Market - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 30, 2023

The growth in the electric vehicle testing, inspection, and certification market is expected to be driven by technological advancements in electric vehicle systems and increasing sales of electric vehicles around the world.

Key Points: 
  • The growth in the electric vehicle testing, inspection, and certification market is expected to be driven by technological advancements in electric vehicle systems and increasing sales of electric vehicles around the world.
  • As a result, the electric vehicle testing, inspection, and certification market is expected to flourish in the forecast period.
  • The electric vehicle testing, inspection, and certification market is an exponentially growing market holding enormous opportunities for the market players.
  • Key players in the global electric vehicle testing, inspection, and certification market analyzed and profiled in the study involve electric vehicle testing, inspection, and certification-based service providers.

Global Legionella Testing Market Report 2023-2027: Rise in Food Safety Concerns Boosts Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 5, 2023

This study identifies the emergence of new infectious diseases as one of the prime reasons driving the legionella testing market growth during the next few years.

Key Points: 
  • This study identifies the emergence of new infectious diseases as one of the prime reasons driving the legionella testing market growth during the next few years.
  • Also, technological advances in respiratory monitoring devices and increasing initiatives for rapid diagnostics of infectious diseases will lead to sizable demand in the market.
  • The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
  • The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Global Legionella Testing Market 2023-2027

Retrieved on: 
Wednesday, January 4, 2023

Our report on the legionella testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Key Points: 
  • Our report on the legionella testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
  • The legionella testing market is segmented as below:
    This study identifies the emergence of new infectious diseases as one of the prime reasons driving the legionella testing market growth during the next few years.
  • Our report on the legionella testing market covers the following areas:
    This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading legionella testing market vendors that include AEMTEK Inc., Aerobiology Laboratory Associates Inc., Aquacert Ltd., Becton Dickinson and Co., bioMerieux SA, Eiken Chemical Co. Ltd., Element Materials Technology Group Ltd., EMSL Analytical Inc., Eurofins Scientific SE, IDEXX Laboratories Inc., Intertek Group Plc, Pace Analytical Services LLC, PDC Laboratories LLC, Pro Lab Diagnostics Inc., Quidel Corp., SGS SA, Thermo Fisher Scientific Inc., TUV NORD AG, UL LLC, and Bio Rad Laboratories Inc. Also, the legionella testing market analysis report includes information on upcoming trends and challenges that will influence market growth.