Senegal returns to market with $490mn bond despite debt strain

• Dakar plans third syndicated bond issue in 2025 worth $490mn
• Debt revised up to 119% of GDP as IMF urges fiscal discipline

DAKAR, SENEGAL – Senegal is planning a $490 million syndicated bond issue, its third this year, as the West African nation faces record financing needs and debt revised to 119% of GDP.