1MDB secures second extension on US$1.9bil loan

comments     Yantoultra Ngui and Saeed Azhar, Reuters     Published     Updated

State investor 1Malaysia Development Bhd (1MDB) has won a six-month extension on a US$1.9 billion bridge loan, giving it more time to launch a planned IPO of its power assets to cut debt, people familiar with the matter said.

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