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Avgol of Israel to raise $600 million for acquisition of Fiberweb |
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Israel's major nonwoven manufacturer, Avgol, plans to get a total of $600 million in loans as resource to acquire Fiberweb, nonwoven manufacturer of the U.K. Of that $400 million will be obtained from non-Israeli banks and Israeli institutional investors to mainly compensate for debts owed by Fiberweb.
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