SENEGAL  Debt treatment -      March 3, 1994

Amounts treated

$233 million

Repayment profile

Treatment under London terms (cancellation rate of 50%)

  • repayment of non ODA credits over 23 years, with 6 years of grace, after cancellation to a rate of 50%
  • repayment of ODA credits over 30 years with 12 years of grace

Specific provisions

Possibility to conduct debt swaps

Comparability of treatment provision

yes

Organisation of the session

Have attended:

Participating creditors

  • BELGIUM
  • CANADA
  • DENMARK
  • FRANCE
  • ITALY
  • JAPAN
  • NETHERLANDS
  • NORWAY
  • SPAIN
  • SWITZERLAND
  • UNITED KINGDOM
  • UNITED STATES OF AMERICA

Observers

  • GERMANY
  • African Development Bank
  • European Commission
  • IMF
  • OECD
  • UNCTAD
  • World Bank