Senegal bondholders pick Alvarez & Marsal as financial adviser for debt talks, sources say
TLT•A group representing holders of Senegal’s international sovereign bonds chose Alvarez & Marsal as financial adviser for debt talks with the government. Senegal plans to rework its debt to secure a $2.2 billion IMF bailout loan.
1. Adviser selected
A group representing holders of Senegal’s international sovereign bonds has chosen Alvarez & Marsal as its financial adviser for ongoing debt treatment talks with the government, three sources with direct knowledge of the matter said.
2. Debt restructuring plans
Senegal announced plans last month to rework its debt to secure a $2.2 billion bailout loan from the International Monetary Fund. Pressure has mounted on the country to return its debt to a sustainable trajectory since a misreported debt revelation in 2024; analysts later estimated the liabilities at around $13 billion.
