Hypo RE gets extension on EUR 30b guarantees, seeks extra aid

By A staff reporter 2009-01-14T00:00:00

Germany's Hypo Real Estate said on Tuesday it has received an extension from SoFFin, the German financial market rescue fund, on EUR 30 bn of government aid. The bank, which received a EUR 50bn lifeline fro the German government in October, also said that negotiations with SoFFin regarding more extensive ...

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