Greensill Capital, a supply chain finance firm based in London, is discussing a possible insolvency within days, according to a Bloomberg report.
The possible move follows the decision by Credit Suisse Group AG to freeze $10 billion worth of supply-chain finance funds that Greensill relies on, citing “considerable uncertainty” on the valuations of the holdings.
Concurrent to insolvency discussions, Greensill is considering the sale of its operating business to Apollo Global Management Inc. for...