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ANGLOGOLD ASHANTI SIGNS NEW THREE-YEAR US$700 MILLION REVOLVING CREDIT FACILITY

Release Date: 27/01/2005 17:33
Code(s): ANG
Wrap Text

ANGLOGOLD ASHANTI SIGNS NEW THREE-YEAR US$700 MILLION REVOLVING CREDIT FACILITY ANGLOGOLD ASHANTI LIMITED (formerly AngloGold Limited (Registration number 1944/017354/06) (Incorporated in the Republic of South Africa) ("AngloGold" or "the Company") ISIN: ZAE000043485 JSE Share code: ANG ANGLOGOLD ASHANTI SIGNS NEW THREE-YEAR US$700 MILLION REVOLVING CREDIT FACILITY AngloGold Ashanti today announced the signing of a new three-year, US$700 million revolving credit facility to replace the US$600 million facility which matures in February this year. The facility will be used to repay the maturing facility and for general corporate purposes. The new facility will reduce the group"s cost of borrowing, with the borrowing margin over Libor reducing from 70 basis points to 40 basis points. The facility was arranged with a number of AngloGold Ashanti"s local and international relationship banks. The 20 banks involved are as follows: Mandated Lead Arrangers: Australia and New Zealand Banking Group Ltd.; Bank of Montreal Ireland plc; Barclays Capital; The Bank of Tokyo-Mitsubishi Ltd; Calyon Corporate and Investment Bank; Citibank NA; Deutsche Bank AG London; Dresdner Kleinwort Wasserstein; HSBC Bank plc; JP Morgan Chase Bank NA; Mizuho Corporate Bank Ltd; The Royal Bank of Scotland plc; Societe Generale; Sumitomo Mitsui Banking Corporation Europe Ltd.; and UBS AG, London branch. Lead Arrangers: Goldman Sachs Credit partners LP; RMB International (Dublin) Ltd; Royal Bank of Canada Europe Ltd; Standard Bank London Ltd; and Westpac Banking Corporation. ends Johannesburg 27 January 2005 JSE Sponsor : UBS Date: 27/01/2005 05:33:06 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department