PARIS (Reuters) - Franco-Belgian bank Dexia is ready for the "rapid" sale of 12.58 billion in assets deemed too costly to fund in the current market environment, French newspaper Les Echos said in a preview of its Monday edition.
The bank may also seek to free up capital in the "externalization" of 80 billion euros' worth of loans to local government, though the exact method has yet to be determined, Les Echos added in a short item released late on Sunday.
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