Markets
S&P Downgrades Senegal After Government Unveils Debt Rework
S&P Global Ratings cut Senegal’s credit score further into junk territory, saying a distressed debt exchange or default on the country’s foreign-currency commercial debt is “extremely likely” after the government launched a plan to restructure its obligations.
BloombergBy Vinícius Andrade
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Read at Bloomberg →Original headline: “S&P Downgrades Senegal After Government Unveils Debt Rework”