Reuters – Spain’s Uralita Gets Loan from KKR

Private equity firm KKR has agreed to give Spain’s Uralita a 320 million euro ($417 million), seven-year loan, the Spanish firm said in a regulatory filing, writes Reuters. Uralita, a construction materials manufacturer, said the agreement would allow it to repay its bank creditors and bondholders while providing more time and funds to develop its future plans.

Reuters – Private equity firm KKR & Co LP has agreed to give Spain’s Uralita a 320 million euro ($417 million), seven-year loan, the Spanish firm said in a regulatory filing on Monday.

Uralita, a construction materials manufacturer, said the agreement would allow it to repay its bank creditors and bondholders while providing more time and funds to develop its future plans.