Photographer: Goh Seng Chong/Bloomberg

Malaysia State Fund 1MDB Plans to Pay $1.5 Billion Debt Soon

  • Fund selling off some assets, president says in interview
  • 1MDB is subject of investigations in Malaysia, overseas

The Malaysian state investment company at the center of multiple financial probes said it will repay 6 billion ringgit ($1.5 billion) in coming weeks as asset sales give it room to pare down debt.

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