Senegal looks to tap international bond market for $500mln in 2015

Image Credit: Free Flag Icons

The West African country’s President, Macky Sall, tells Bloomberg that he expects the government to tap the international bond markets for $500 million in 2015, in all likelihood before the end of July.  The securities issuance would either be Eurobonds or sukuk.  The country, less affected by declining oil prices and currencies compared to Nigeria and Ghana, is expected to grow by 5.4% this year.

Read more at Bloomberg…

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.