UPDATE 1-UniCredit and Intesa to pool 1 bln euros of bad loans in KKR vehicle
April 17, 2015 at 15:12 PM EDT
MILAN, April 17 (Reuters) - UniCredit and Intesa Sanpaolo will pool loans worth 1 billion euros ($1 billion) in a vehicle controlled by U.S. private equity fund KKR , launching an innovative project to tackle soured debts.