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S&P downgrades Senegal ratings on debt restructuring plan

2 outlets - including Bloomberg and Investing - are covering this story. 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 restruct…
Covered by 2 outlets
All coverage · 2 articles
Bloomberg Markets
·1h ago
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 restruct…
Investing.com UK
·1h ago