Spain's Ebro Puleva sees debt at 2X EBITDA end-09

MADRID, June 10 | Wed Jun 10, 2009 10:15am EDT

MADRID, June 10 (Reuters) - Spanish food company Ebro Puleva EVA.MC is targeting debt of 630 million euros ($888.9 million) in 2009, or 2 x EBITDA, its chairman said on Wednesday.

"We consider this a very comfortable level that will allow us to look to the future with the possibility of making new additions," Antonio Hernandez Callejas said at Reuters Spanish small and mid cap forum. ($1=.7087 euros) (Reporting by Tracy Rucinski; Editing by Mike Nesbit)

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