said in a statement that the fund, International Petroleum
Investment Company (IPIC), had agreed to assume its interest
payments on a bond but one such payment due on Monday had not
been paid due to a dispute between them.
"1MDB wishes to make clear that it and its group entities will
meet all of their other obligations under any other financing
arrangements and have ample liquidity to do so," it added.
IPIC had said earlier in a filing to the London stock exchange
that 1MDB was in default of obligations worth $1.1 billion.
(This version of the story removes the reference to "$1.75
billion bond" in paragraph 1)
(Reporting by Rozanna Latiff; Editing by Praveen Menon and
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