France's government and state bank CDC reach a deal on the restructuring of the the French...

|By:, SA News Editor

France's government and state bank CDC reach a deal on the restructuring of the the French municipal lending ops of troubled Dexia (DXBGY.PK), with both to take on around 32% each. The agreement is part of an attempt to fill a potential funding gap for French towns, cities and other public entities.