Koppers gets financing from bank group for purchase of some Reilly coal tar assets

By Sara Rosenberg

New York, April 28 - Koppers Holdings Inc. got financing from its existing bank group to fund the purchase of certain assets related to the coal tar business of Reilly Industries Inc., according to a company news release.

The purchased assets consist primarily of sales and purchase contracts and inventories.

Koppers is a Pittsburgh-based producer of carbon compounds and treated wood products.

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