Last Updated July 25, 2012
South Africa-based AngloGold Ashanti has received a US$1bn, five-year revolving credit facility (RCF) maturing in July 2017.
According to the company, the unsecured facility was “significantly oversubscribed”. It replaces a four-year, US$1bn RCF maturing in April 2014, improving AngloGold’s tenor profile, and strengthening its balance sheet.
Bank of Tokyo-Mitsubishi and Barclays co-ordinated the deal.
Mandated lead arrangers and bookrunners include ANZ, Canadian Imperial Bank of Commerce, China Construction Bank Corporation, Citibank, Commonwealth Bank of Australia, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, Royal Bank of Canada, Scotiabank, Standard Chartered and UBS.
Lead arrangers include Bank of Montreal and JP Morgan.
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