Court document shed light on Three Arrows Capital’s vast claimsThree Arrows Capital’s creditors lent the fund $3.5bn. Genesis Asia Pacific is the largest creditor, having lent $2.3bn to the now bankrupt fund.
A massive 1157-page legal document covering the 3AC liquidation was published yesterday, showing that 27 firms had lent Three Arrows Capital $3.575bn, with Genesis being the biggest creditor. Genesis has stated that the firm has no remaining exposure to Three Arrows Capital after Digital Currency Group took on some of Genesis’ liabilities. Now bankrupt broker Voyager is the second-largest creditor with a $685.5m claim on Three Arrows Capital.
Source: Leaked Affidavits