Spain's Uralita gets 320 million euro loan from KKR
MADRID, April 29
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.
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.