1MDB in Default: The Abu Dhabi Dispute and Debt in Contention

  • State-owned 1MDB missed interest payment on $1.75 billion bond
  • Missed payment is part of wider dispute with Abu Dhabi fund

1MDB Confirms Default on Bonds

1Malaysia Development Bhd. defaulted on a $1.75 billion bond this week. It missed a $50 million interest payment amid a dispute with Abu Dhabi’s sovereign wealth fund over who is required to make the payment.

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