KKR to provide auto-parts maker with €235m

The US investment firm’s credit arm has agreed to provide long-term financing to a subsidiary of India-headquartered Amtek Auto, a car parts manufacturer.

The credit business of investment firm KKR has agreed to provide Amtek Global Technologies, a subsidiary of automotive components manufacturer Amtek Auto which is headquartered in India, with €235 million of long-term financing.

The flexible facility will replace an existing bridge loan and consolidate all of the company’s existing debt, the firms announced in a joint statement.

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