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Credit suisse completes liquidation of one of Greensill linked funds

By:
Reuters
Updated: Nov 9, 2022, 11:36 GMT+00:00

ZURICH (Reuters) - Credit Suisse on Wednesday announced it has completed the liquidation process of one of its four funds linked to collapsed supply chain financing firm Greensill Capital.

Credit Suisse logo in Geneva

ZURICH (Reuters) – Credit Suisse on Wednesday announced it has completed the liquidation process of one of its four funds linked to collapsed supply chain financing firm Greensill Capital.

A final payment scheduled for this Friday, will bring the total amount returned to investors in the Liechtenstein domiciled investment grade fund to $667 million, which represents 99.7% of the fund’s total.

(Reporting by Noele Illien, Editing by Louise Heavens)

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