Monday, April 25, 2016

REFILE-UPDATE 1-Malaysia's 1MDB says in default on some bonds after missed payment

HONG KONG, April 26 (Reuters) - 1Malaysia Development Bhd

(1MDB) said on Tuesday it did not pay a $50.3 million coupon on

a $1.75 billion bond, following a stand-off with Abu Dhabi

sovereign fund IPIC, triggering cross-defaults on some of its

other bonds.

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