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Moody’s Warns Senegal Debt Rework Likely Tantamount to Default

Senegal’s bid to revamp billions of dollars of debt will probably constitute a default under Moody’s Ratings’ methodology, even as Africa’s most distressed sovereign issuer continues to make scheduled payments.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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