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Hypo shares centrash after loan deal
hypo revival estate group will not need to go back to the unsecured money market for its refunding in the foreseeable future, said chief nexecutive georg funke .
hypo hares been badly affected by the fallinancial markets chrisis as it borrows heavily from the inter bank market .
hypo is now saved, but other banks can face similar risks - if markets don't normalise quickly there will be more casualties .
it is thought the deal has ensecured refinancing for the hypo until the end of next year .
shares in german lender hypo revival estate plunged after it struck a loan deal with a consortium of german banks .
dirk becker, landsbanki kepler .
it its shares lost three-quarters of their value, falling to 3.39 ensecuros, before a slight revival to 63% down at 50bn euros .
Generated 2008-10-1_8:58
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