Senegal launches IMF‑supervised eurobond restructuring, pledges to pay 13 Sep coupon

On 4 September 2026 Senegal formally launched an IMF‑supervised restructuring of nearly $5bn of external eurobonds while publicly committing to fully service the US‑dollar eurobond coupon due 13 September 2026 to avoid an immediate payment incident.

The announcement signals a reprofiling process focused on Senegal’s external eurobond curve while preserving near‑term cash flows by pledging the 13 September coupon. Short‑end liquidity and near‑dated cash prices can remain supported if the coupon is paid, even as secondary‑market liquidity for longer‑dated bonds may stay impaired while creditor negotiations proceed under IMF and G20 Common Framework auspices.

Settlement of the 13 September 2026 eurobond coupon and the IMF‑convened information session with creditor groups.