TSSP snaps up Credit Suisse distressed debt assets
The Swiss bank has advanced its plans to exit the distressed debt space, selling $1.27bn worth of assets to TSSP. The deal results in a $100m charge for Credit Suisse.
The Swiss bank has advanced its plans to exit the distressed debt space, selling $1.27bn worth of assets to TSSP. The deal results in a $100m charge for Credit Suisse.
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