1MDB still has RM32.3bil in outstanding debt, says board

PETALING JAYA: 1Malaysia Development Bhd (1MDB) still has RM32.3bil of outstanding debt, its board of directors said on Friday (March 26).

It said that two bonds with a value of US$3.5bil (RM14.7bil) with coupon rates of 5.75% and 5.99% per annum will mature in 2022, while another with a value of US$3bil (RM12.6bil) with a coupon rate of 4.4% per annum will mature in 2023.