Spain's Uralita gets 320 million euro loan from KKR

MADRID, April 29 Mon Apr 29, 2013 2:00am EDT

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MADRID, April 29 (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.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.