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Article: Israel : Israel s Delek Petroleum to give loan to US unit.

Article from:
TendersInfo
Article date:
October 3, 2009
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Israel's Delek Petroleum Ltd said on Wednesday it had secured a $65 million loan from parent company Delek Group (DELKG.TA) to be paid back over a period of 12 months at an annual interest of 8.5 percent.

Delek Petroleum, which is wholly owned by Israeli conglomerate Delek Group, said in a statement to the Tel Aviv Stock Exchange the loan would be extended on similar terms to its oil refining ...

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