Senegal hits DCM roadshow

Senegal hits DCM roadshow

Published: July 16, 2014

West African republic mandates Citi, SocGen and StanChart to run this week’s investor meetings.

Senegal is preparing its next visit to the international debt markets after launching a roadshow this week.

The republic mandated Citi, Societe Generale Corporate & Investment Banking and Standard Chartered Bank to run a series of meetings with investors beginning yesterday (July 15).

A dollar-denominated, benchmark-sized bond could follow. Senegal last sold bonds to international investors in 2011, when it raised US$500mn in 10-year paper with a coupon of 8.75%.