Senegal bondholders hire adviser and warn on debt
Holders of Senegal international bonds have appointed Alvarez and Marsal as their financial adviser for debt restructuring talks. The group warned the government that any requests for principal losses could significantly delay ongoing negotiations.
Senegal bondholders retained restructuring consultancy Alvarez & Marsal to guide debt talks, pushing back against principal losses. The advisory appointment comes as the West African nation targets restructuring deals with official creditors and bondholders by December.
