Back to News
investment

KIK Custom Gets Rescue Loan From New Lenders Including Oaktree

Bloomberg
Loading...
1 min read
1 views
0 likes
KIK Custom Gets Rescue Loan From New Lenders Including Oaktree

Summarize this article with:

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000KIK Custom Products Inc. received a $150 million rescue loan from new lenders, including Oaktree Capital Management to help the cleaning-products company bridge a potential liquidity shortfall, according to people familiar with the situation. The broader group of existing creditors was informed Monday that the company received a third-party loan, said the people who asked not to be identified discussing a private matter.

Read Original

Source Information