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Formation of Ad Hoc Senegal Bondholder Group

Source: PR Newswire

Sovereign Debt & RatingsCredit & Bond Markets

A group of major long-term institutional holders of Senegal’s international bonds has formed an ad hoc creditor group to engage with Senegalese authorities. The move signals heightened creditor coordination around Senegal’s sovereign debt, although no restructuring terms, debt amounts, or proposed actions were disclosed.

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