Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 27-02-2013 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | AngloGold Ashanti - Syndicated Bridge Loan Facility | Industry: | Mining |
| Description: |
Slaughter and May advised AngloGold Ashanti, a leading global gold producer headquartered in South Africa, on a new USD750,000,000, syndicated bridge loan facility, pursuant to which a syndicate of banks has agreed to make available USD750,000,000 to AngloGold Ashanti Holdings. In the event AngloGold Ashanti chooses to draw on the loan, the proceeds are to be applied towards the repayment of its USD732,500,000, 3.5 per cent convertible bonds due in May 2014.
Financing: Matthew Tobin (partner), Laurie Keel (associate).
|
||
| Financial Center: | London | Value: | 500.01-1000.00 |
| Advised Party: | Borrower | Law Firm | Slaughter and May |
| Borrower | United Kingdom | Lender | United Kingdom |
| Classification: |
Syndicated and Bilateral Loans Syndicated Loans |
Lawyer | Matthew Tobin |
