Dexia: Has Limited Exposure To DP World Via Dubai Port Bonds
November 27 2009 - 5:30AM
Dow Jones News
French-Belgian bank Dexia (DEXB.BT) has limited exposure to
Dubai through Dubai Port bonds, Dexia said Friday.
The bonds are linked to DP World Ltd. (DPW.DIF), a unit of Dubai
World. DP World is not currently included the debt restructuring
announced by Dubai World, Dexia spokeswoman Ulike Pommee said in an
e-mailed statement.
She didn't provide any further detail.
-By Carolyn Henson, Dow Jones Newswires; +32 2 741 1481;
carolyn.henson@dowjones.com