- Senegal launches its largest ever regional bond deal
- Heavy West African borrowing tightens liquidity and lifts yields
DAKAR, SENEGAL – Senegal opened a CFAF400 bn ($640 million) bond offering on the West African regional market, marking its largest syndicated transaction to date as governments across the region accelerate borrowing in 2025.
The deal, launched on Dec. 2 and set to run until Dec. 22, is structured across four maturities ranging from three to 10 years. Preliminary terms shared with investors indicate coupons approaching 7%, reflecting the rising cost of debt in an increasingly crowded market.
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