Daily News: April 9, 2014

Keltic Funds $2MM United Utilities Revolver

Keltic Financial Services announced the recent funding of a $2 million senior secured revolving line of credit for United Utilities.

The Smyrna, TN-headquartered company is the exclusive distributor of Badger Meter water metering products plus other ancillary equipment covering the states of Tennessee and Georgia. The majority of sales are to municipal water authorities. Products include water loss management and leak detection equipment.