Under a deal that’s expected to be announced Monday on the London Stock Exchange, Malaysia will pay Abu Dhabi US$1.2 billion ($1.7 billion) before the end of this year, said the person, who asked not to be identified as the information isn’t yet public.
(April 22): The battle over the repayment of 1MDB bonds may be coming to an end.
Malaysia has reached an agreement to pay Abu Dhabi as partial debt settlement for embattled government fund 1Malaysia Development Bhd., according to a person familiar with the matter.
