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Moody's pulls rating on US$1.75b 1MDB notes

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MALAYSIA'S troubled 1MDB has downplayed international ratings agency Moody's withdrawal of the Aa2 rating on its US$1.75 billion unsecured notes as "undertaken without a downgrade", noting that Standard and Poor's AA rating on the papers remains unchanged.

Kuala Lumpur

MALAYSIA'S troubled 1MDB has downplayed international ratings agency Moody's withdrawal of the Aa2 rating on its US$1.75 billion unsecured notes as "undertaken without a downgrade", noting that Standard and Poor's AA rating on the papers remains unchanged.

Even so,

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