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Moody’s Warns Senegal Debt Rework Likely Constitutes Default

· bloomberg.com · popularity 40/100 · 0 similar stories today

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Summary

Moody’s Ratings said Senegal’s bid to revamp billions of dollars of debt will probably constitute a default under its methodology, even as Africa’s most distressed sovereign issuer continues to make scheduled payments.

Found in: Bloomberg Markets. Rating basis: single outlet; outlet tier 5; 1 feeds; feed position 2.