Senegal Aims for December Debt Deal
Senegal aims for a debt restructuring agreement with official lenders and bondholders by December. The country is seeking debt treatment under the G20 framework.
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Senegal aims for an agreement in principle with official lenders and bondholders by December, targeting a resolution for $13B in misreported debt. The West African nation is seeking a constructive contribution from 1 trillion CFA francs ($1.72B) in total return swaps under the G20 Common Framework. This restructuring comes two years after debt accounting discrepancies emerged, initiating parallel talks with private and official creditors.
