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Malaysia’s 1MDB Tells Creditors No Plans to Wind Down

Malaysian state investment account 1Malaysia Development Bhd. pronounced on a call with creditors Monday that there are no skeleton to breeze a uneasy account down.

1MDB, that is tranquil by Malaysia’s Ministry of Finance, pronounced it would sojourn a nonoperational entity to use debt by a sale of assets, according to a chairman who was on a call, that was open to holders of some of a fund’s bonds. 1MDB also pronounced it expects to publish…

Article source: http://www.wsj.com/articles/malaysias-1mdb-tells-creditors-no-plans-to-wind-down-1464058792

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