Debt: What to know about Houlihan Lokey, the firm set to negotiate opposite Senegal

The Senegalese creditors’ banking committee has selected Houlihan Lokey as its financial adviser for the country’s debt restructuring. Dakar is aiming for agreements in principle in December with official creditor committees and bondholders, ahead of implementation in early 2027; CFA franc-denominated debt is outside the announced scope. The IMF is awaiting financing assurances from official creditors before submitting a roughly $2.2 billion, 36-month program to its executive board. Commercial banks, bilateral creditors, eurobond holders and regional institutions each have distinct interests in the negotiations.