Senegal Extends Sale of $719 Million Local-Currency Bond

Senegal has pushed back the closing date for a 400 billion CFA francs ($719 million) sovereign bond by several days, the lead arranger for the offering Invictus Capital & Finance SA said in a Linkedin post.

Scheduled to be the nation’s final public offering of 2025, the sale on West Africa’s UMOA-Titres market is now planned to close four days later on Dec. 26. The government is seeking to raise the notes in three, five, seven and 10-year tranches at 6.4%, 6.6%, 6.75% and 6.95% respectively, Invictus said.