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Credit Suisse settles ‘tuna bond’ dispute with shipbuilder Privinvest

Credit Suisse and Privinvest said in a statement they 'reached a global settlement of all present and future disputes between them concerning disputed state-guaranteed financing transactions in Mozambique'

By Undercurrent News | Nov. 8, 2023 09:51 GMT
Credit: YueStock / Shutterstock
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Credit Suisse has settled its dispute with Emirati-Lebanese shipbuilder Privinvest over a decade-old "tuna bond" scandal, resolving another legacy legal issue for the bank's new owner UBS, reports Reuters [...]

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