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Dexia's French unit to issue €1.5B bond

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Dexia's French unit to issue €1.5B bond

Belgium-based Dexia SA's French unit Dexia Crédit Local SA will issue €1.5 billion of bonds Jan. 17.

The fixed-rate notes, which mature Jan. 17, 2026, were guaranteed by the governments of Belgium, Luxembourg and France.