Senegal raises $1.1 bn Eurobond at lower cost than Nigeria’s $1.5 bn

by | May 18, 2017 11:40 am

Senegal has been able to raise US$1.1 billion in Eurobonds at a lower cost than Nigeria will pay for a $1.5 billion bond floated earlier this year. Analysts say this indicates foreign investors are less comfortable lending to Africa’s most populous nation, than they are to regional neighbour Senegal-home to some 15 million people- as…

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