African News

Senegal To Sell 10-Year Benchmark—Sized US Dollar Bond

(Reuters) – The Republic of Senegal, rated B1 by Moody’s and B+ by Standard & Poor’s, will issue a 10-year US dollar bond, according to a lead manager. The benchmark-sized deal is expected to be priced on Wednesday.

No pricing details have been announced. Citigroup, SG CIB and Standard Chartered are arranging the sale of the 144A/Reg S bond. (Reporting by Sudip Roy, Editing by Helene Durand)

 

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