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Senegal’s Political Rupture Raises Risk of Debt Reprofile, Says Citibank

Senegal’s Political Rupture Raises Risk of Debt Reprofile, Says Citibank
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Senegal’s Political Rupture Raises Risk of Debt Reprofile, Says Citibank Citigroup Inc. said the political rupture between Senegal’s president and his former premier has increased the likelihood of a debt reprofiling rather than a restructuring. Relations between the two have deteriorated since President Bassirou Diomaye Faye dismissed Ousmane Sonko as prime minister in May.

Senegal’s Political Rupture Raises Risk of Debt Reprofile, Says Citibank Citigroup Inc. said the political rupture between Senegal’s president and his former premier has increased the likelihood of a debt reprofiling rather than a restructuring. Relations between the two have deteriorated since President Bassirou Diomaye Faye dismissed Ousmane Sonko as prime minister in May.
Senegal (LOCATION) Debt Reprofile (ORG) Citibank Senegal’s (ORG) Citibank Citigroup Inc. (ORG) Bassirou Diomaye (PERSON) Faye (PERSON) Ousmane Sonko (PERSON)
Originally published by Bloomberg Markets Read original →