Credit Suisse Supply Chain Finance Funds: Sixth payment of liquidation proceeds

December 13, 2021

Main points:

  • Together with the cash that has already been distributed and cash remaining in the funds, the cash position including latest recoveries from the beginning of December 2021 is equivalent to approx. USD 7.2 bn or 72% of the funds’ AuM at the time of their suspension.
  • The 6th payout of liquidation proceeds of approx. USD 400 mn is planned for December 15, 2021 and was announced on December 13, 2021.
  • This will bring the total amount returned to investors to approx. USD 6.7 bn.