Malaysia: 1MDB to reach out to Dollar bondholders on payment default

Malaysia: 1MDB to reach out to Dollar bondholders on payment default

Photo: Reuters

1Malaysia Development Bhd., the state-owned investment company that defaulted on a $1.75 billion bond last month following a dispute with a co-guarantor, is reaching out to dollar bondholders to explain why it didn’t pay the interest on the notes.

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