1MDB debt: Ananda Krishnan settles $560m, Petronas bond yield impacted

Company logo

Malaysian tycoon T Ananda Krishnan has bailed debt-laden 1Malaysia Development Bhd (1MDB) out, helping the strategic investment firm settle a MYR2 billion ($560 million) loan last Thursday, six days before bankers triggered a default.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Contact us for corporate subscriptions at subs@dealstreetasia.com.