Betekenis van:
guaranty

Voorbeeldzinnen

1. To recap, the Financial Products (‘FP’) activity was excluded from the FSA activities sold to Assured Guaranty.
2. divestment of FSA (finalised on 1 July 2009) then divestment of Dexia’s holding in Assured Guaranty by 31 December 2011;
3. Divestment of FSA (finalised on 1 July 2009) then divestment of Dexia’s holdings in Assured Guaranty (AGO) by 31 December 2011.
4. FSAM and the GIC Companies, which come under the FP activity, were thus excluded from the group of activities sold to Assured Guaranty and remained under Dexia’s ownership.
5. the sale of FSA to Assured Guaranty, which took place on 1 July 2009, significantly improved Dexia’s risk profile by reducing its exposure to public sector risks and American structured products.
6. The Assured Guaranty securities received by Dexia under the sale of FSA will also be sold, thereby reducing by the same amount Dexia’s exposure to the monoline insurance sector,
7. sale of FSA’s credit enhancement activities to Assured Guaranty, with the FSA investment portfolio (‘Financial Products’) remaining under Dexia’s ownership [8],reduction in the scale of the international PWB activities (i.e. DCL’s PWB activities outside France, Italy and Spain),
8. Poland also informed the Commission of the interest rate charged for the loan as indicated above in point (41) and the other costs charged in relation to the loan and guaranty as indicated in point (42).
9. In conclusion, the Member States concerned support the Commission’s decision to authorise the FSA measure definitively in order to allow the sale of FSA to Assured Guaranty, which is an essential component of restoring viability and reducing the risk profile of the group.
10. Given Dexia’s difficult financial situation and the maximum theoretical amount of the guarantee under the GICs, it was vital from the point of view of the purchaser of FSA, Assured Guaranty, that Dexia should be itself guaranteed by the Belgian and French States.
11. Under this measure, the Belgian and French Governments provide a guarantee to allow Dexia to honour a put agreement whereby FSA Asset Management (‘FSAM’), a former subsidiary of FSA not sold to Assured Guaranty, will have the option of selling certain assets included in the FSAM portfolio to Dexia SA and/or DCL upon the occurrence of certain trigger events (see recitals 50 to 59).
12. financial services to the public and semi-public sector (‘Public and Wholesale Banking’ or ‘PWB’): this business line covers loans to local authorities, project finance, the credit enhancement activities carried out by DCL’s subsidiary FSA, sold to Assured Guaranty in July 2009, and holding and active management of a portfolio of bonds and asset-backed securities (‘ABS’); a significant proportion of these activities are directed by DCL and its international subsidiaries, with the exception of PWB activities in Belgium, which come under DBB,
13. The FSA measure was the subject of the Commission decision of 13 March 2009. Under this measure, the Belgian and French Governments provide a guarantee to allow Dexia to honour a put agreement whereby FSA Asset Management (‘FSAM’), a former subsidiary of FSA not sold to Assured Guaranty, will have the option of selling certain assets included in the FSAM portfolio to Dexia SA and/or DCL upon the occurrence of certain trigger events (see recitals 50 to 59).