Credit Suisse winds down second Greensill-linked fund
Reuters
Published Feb 02, 2023 11:12
ZURICH (Reuters) - Credit Suisse (SIX:CSGN) on Thursday announced it had completed the liquidation process of the second of its four funds linked to collapsed supply chain financing firm Greensill Capital.
A final payment scheduled for February 6 will bring the total amount returned to investors in Nova, the Luxembourg domiciled investment grade fund, to $256 million, which represents between 99.4% and 99.9% of the fund's total, depending on share class.
In November, Switzerland's second largest bank announced it had wound up its Liechtenstein Supply Chain Finance Fund.
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Written By: Reuters
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