Moody’s Warns Senegal Debt Rework Likely Constitutes Default
Moody’s Ratings said Senegal’s bid to revamp billions of dollars of debt will probably constitute a default under its methodology, even as Africa’s most distressed sovereign issuer continues to make scheduled payments.
<p>Moody’s Ratings said Senegal’s bid to revamp billions of dollars of debt will probably constitute a default under its methodology, even as Africa’s most distressed sovereign issuer continues to make scheduled payments.</p>