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1MDB coupon payment deadline looms amid IPIC row

Published Thu, Apr 21, 2016 · 09:50 PM
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Hong Kong

THE grace period for the US$50 million coupon payment due on a 1Malaysia Development Bhd (1MDB) bond expires at the weekend with 1MDB saying that Abu Dhabi sovereign fund International Petroleum Investment Company (IPIC) has assumed responsibility for making the payment.

While the interest on t…

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