World Economy

Senegal to Issue Eurobond

Senegal to Issue EurobondSenegal to Issue Eurobond

Senegal will issue a Eurobond this month in order to finance a series of infrastructure and power production projects that it hopes will push economic growth above 7% from next year, Finance Minister Amadou Ba said on Friday, Businessday online reported. Ba declined to give the amount of the issuance or its maturity. The West African nation is rated B1 by Moody’s and B+ by Standard & Poor’s.

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