BRIEF-IPIC pays interest following 1MDB's third default
May 11 (Reuters) - IPIC GMTN Ltd
* IPIC pays interest following 1MDB's third default
* IPIC will increase its written demand of 1mdb and mof to U.S.$1.2 billion plus accrued interest
* International petroleum investment has made full payment of interest due and payable by 1MDB Energy Ltd and 1MDB over 1,750 million fixed rate 5.99 percent notes due 2022
* Current total amount due to IPIC from 1MDB and mof pursuant to terms of binding term sheet is U.S.$1,205,450,000 plus accrued interest Source text for Eikon: Further company coverage:
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