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Credit Suisse Greensill Funds to Pay Back Another $400 Million

Credit Suisse Group AG said it plans to return another $400 million to investors in supply-chain funds affected by the failure of Greensill Capital, the sixth disbursement since the bank was forced to freeze the products earlier this year.

The latest payment, planned for Dec. 15, brings the total repaid to investors to $6.7 billion, according to a statement on Monday. The cash position of the funds is equivalent to about 7.2 billion, or about 72% of their value at the time of their suspension.