- Senegal launches $360mn syndicated bond on regional market
- Debt concerns grow after major fiscal data revisions
DAKAR, SENEGAL – Senegal has launched a 200bn CFA franc ($360mn) syndicated bond sale on the regional market as the government races to finance an expanding budget amid deepening fiscal strain.
The offering, arranged by local investment firm Invictus Capital & Finance, opened on February 26 and will run through March 19 on the Bourse Régionale des Valeurs Mobilières (BRVM), the regional stock exchange serving the eight-member West African Economic and Monetary Union.
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