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Macro Finance

S&P Downgrades Senegal After Government Unveils Debt Rework

Bloomberg Markets·September 4, 2026·1 min read

S&P Global Ratings cut Senegal's credit score deeper into junk, saying a distressed debt exchange or default on foreign-currency commercial debt is extremely likely after the government launched a restructuring plan for its obligations. The move follows Senegal's plan to restructure its debt obligations.

Read at Bloomberg Markets
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