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Greensill Bank creditors claim around 4 billion euros – insolvency manager

By Reuters

FRANKFURT – Creditors of the Germany-based bank of failed supply chain finance firm Greensill have registered claims of around 4 billion euros ($4.87 billion), according to insolvency manager CMS on Tuesday.

The announcement followed the first meeting of creditors in Bremen since the bank’s failure. It was attended by around 100 creditors and confirmed CMS partner Michael Frege as insolvency manager.

($1 = 0.8207 euros)