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Malaysia Airlines' debt restructuring nears completion - parent company

Reuters

Published

The parent company of Malaysia Airlines said on Thursday it was nearing the end of a debt restructuring process which it hopes will be completed by the end of the first quarter of this year.

Malaysia Aviation Group (MAG) said it was in talks with around 40 creditors and lessors to take a haircut in its RM16 billion debt restructuring plan, adding it was confident it could achieve a "win-win" result for all...

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