Senegal

Senegal: bondholder group hires Alvarez & Marsal and warns against principal haircuts

Holders of $2.2 billion of Senegal’s $5.2 billion bonds appointed Alvarez & Marsal and warned against principal haircuts; a December target for agreements in principle is reported.

Senegal

Senegal: IMF staff-level agreement on a 36-month ECF of about US$2.2 billion

On 1 September 2026 IMF staff and Senegal reached a staff-level agreement on a 36-month Extended Credit Facility of about US$2.2 billion (SDR 1,537.1 million), subject to Board approval, corrective actions on the misreporting case and financing assurances from Senegal’s partners.

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