05/10/2008 press release
Dexia - Hypo Real Estate (HRE)
Regulated information* – Brussels, Paris, October 5, 2008 – 06:00 pm
Following rumors regarding possible adverse consequences for Dexia of the current difficulties faced by Hypo Real Estate (HRE), Dexia affirms that credit risks related to HRE would have a very limited impact on the group's solvency.
Dexia's capital increase announced on September 30 precisely took into account, amongst other things, potential negative impacts that could arise from the overall deterioration in the creditworthiness of some banking counterparties.
* Dexia is a listed company. This press release contains information subject to the transparency regulations for listed companies.