S&P cut Senegal's foreign-currency rating to CC on September 4, warning its planned debt restructuring will highly likely mean losses for bondholders.

S&P Global Ratings has cut Senegal’s long-term foreign-currency sovereign rating to CC from CCC+, warning that the government’s planned...

S&P cuts the counytry’s rating to lowest level since 2000 as Faye government seeks to restore debt sustainability and investor confidence