Goldman Sachs made about $500M for Malaysian bond sales, Bloomberg reports

theflyonthewall.com

Goldman Sachs Group made about $500M arranging three bond sales in the past year for 1Malaysia Development Bhd., the state investment fund led by Prime Minister Najib Razak, sources say, reports Bloomberg. That total is nearly as much as Malaysia pays each month on its debt and compares with Goldman's record $694M of global bond underwriting fees in the first quarter, according to Bloomberg data.

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