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S7/10Economic

Citigroup Sees Bondholders Recover 50% of Senegal’s Debt Under Revamp

Holders of Senegal’s dollar bonds could end up recouping less than 50% of the face value of the securities in the event of a restructuring — below the prices at which the debt currently trades, according to Citigroup Inc.

Source: Bloomberg MarketsOriginal source

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