Moody’s pushes Senegal’s foreign-currency rating deeper into junk
Moody’s downgraded Senegal’s foreign-currency sovereign ratings for a fifth straight time on Thursday, pushing them deeper into junk territory and warning that external private creditors are likely to face larger losses than previously expected under the country’s planned debt restructuring. The ratings agency cut Senegal’s foreign-currency senior unsecured and long-term issuer ratings to ‘Ca’ from… Source
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Moody’s downgraded Senegal’s foreign-currency sovereign ratings for a fifth straight time on Thursday, pushing them deeper into junk territory and warning that external private creditors are likely to face larger losses than previously expected under the country’s planned debt restructuring. The ratings agency cut Senegal’s foreign-currency senior unsecured and long-term issuer ratings to ‘Ca’ from…
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About this article
- Length
- 56 words · 1 min read
- Published
- October 30, 2026
- Byline
- COM
- Source
- Club of Mozambique