Credit Suisse bites the first bullet

Credit Suisse has just completed the liquidation of one of its four supply chain finance funds that were rocked by the collapse of Greensill Capital in March 2021. The payments made to investors in the Credit Suisse Supply Chain Finance Fund Investment Grade Fund were undertaken in stages. The final amount disbursed on 11 November 2022 was $31.3m bringing the total payout for this fund to almost $667m.  Three more Greensill-linked funds remain to be liquidated.

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