'1MDB put off IPO after restructuring debt'

comments     Kane Wu and Yantoultra Ngui, Reuters     Published     Updated

1Malaysia Development Bhd (1MDB) has delayed a more than US$3 billion IPO due to a longer-than-expected due-diligence process and negotiations around the restructuring of a RM5.5 billion (US$1.7 billion) loan, people familiar with the matter said.

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