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Sovereign pair defy Africa debt fears to mandate for bonds

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Sovereign pair defy Africa debt fears to mandate for bonds

Senegal and Cameroon mandated banks this week to carry them again to the debt capital markets. Regardless of extensive uncertainty about African sovereign debt restructuring, market members stated credit score situations had been conducive to issuance.

Cameroon (—/B-/B) is seeking to rejoin the bond market after a six 12 months hiatus, sources informed GlobalCapital.

Equally, the Republic
of Senegal (Ba3/B+) is in search of a Reg S/144A benchmark in euros with
a median weighted lifetime of 15 years, in keeping with bankers.

Citi, Société Générale and
Commonplace Chartered are main the

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