| Mon 18 May 2009, 11:25 | | ANG - AngloGold Ashanti Limited - Anglogold Ashanti Limited Announces The |
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ANG
ANANO
ANG - AngloGold Ashanti Limited - Anglogold Ashanti Limited Announces The
Launch Of An Offering Of Convertible Bonds Due 2014
AngloGold Ashanti Limited
Incorporated in the Republic of South Africa
Registration Number: 1944/017354/06)
ISIN Number:ZAE000043485
JSE Share Code: ANG
ANGLOGOLD ASHANTI LIMITED ANNOUNCES THE LAUNCH OF AN OFFERING OF
US$575,000,000 (SUBJECT TO INCREASE BY UP TO US$85,000,000 PURSUANT TO AN
OPTION) CONVERTIBLE BONDS DUE 2014 BY ITS SUBSIDIARY, ANGLOGOLD ASHANTI
HOLDINGS FINANCE PLC, UNCONDITIONALLY AND IRREVOCABLY GUARANTEED BY ANGLOGOLD
ASHANTI LIMITED
AngloGold Ashanti Limited ("AngloGold Ashanti") today announced the launch
of an offering of US$575,000,000 (subject to increase by up to US$85,000,000
pursuant to an option) convertible bonds due 2014 (the "Bonds") by its wholly-
owned subsidiary, AngloGold Ashanti Holdings Finance plc (the "Issuer"). The
Bonds will be unconditionally and irrevocably guaranteed by AngloGold Ashanti
Limited.
The Bonds will be convertible into American Depositary Shares ("ADSs") of
AngloGold Ashanti. Each ADS currently represents one ordinary share of
AngloGold Ashanti. The final terms of the Bonds are expected to be announced
after the pricing has been determined. Once the final terms of the Bonds
have been finalised, AngloGold Ashanti shareholders will be requested to
grant specific authority for the directors to issue ordinary shares pursuant
to the conversion rights which will attach to the Bonds.
The proceeds from the offering of the Bonds will be used to refinance
AngloGold Ashanti`s debt facilities and for general corporate purposes.
The Bonds will be offered and sold to non-US persons outside the United
States in reliance upon Regulation S under the US Securities Act of 1933, as
amended (the "Securities Act"), and will be offered and sold in the United
States to qualified institutional buyers in reliance on Rule 144A under the
Securities Act.
Approval-in-principle has been received for the listing of the Bonds on
the Singapore Exchange Securities Trading Limited.
This announcement is not an offer of securities for sale in the United
States. Securities may not be sold in the United States unless they are
registered or are exempt from registration. Neither AngloGold Ashanti
Holdings Finance plc nor AngloGold Ashanti Limited has registered or intends
to register any portion of this offering in the United States or to conduct a
public offering in the United States.
STABILIZATION/FSA
This announcement is directed only at persons (i) who are outside the
United Kingdom or (ii) who have professional experience in matters relating
to investments falling within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order")
or (iii) who fall within Article 49(2)(a) to (d) of the Order or (iv) to whom
this announcement may otherwise be directed without contravention of section
21 of the Financial Services and Markets Act 2000 (all such persons together
being referred to as "Relevant Persons"). This announcement is directed only
at Relevant Persons and must not be acted on or relied on by persons who are
not Relevant Persons. Any investment or investment activity to which this
Announcement relates is available only to Relevant Persons and will be
engaged in only with Relevant Persons.
ENDS
18 May 2009
JSE Sponsor - UBS
Contacts
Joanne Jones (Media) Tel: +27 (0) 11 637- 6813 Mobile: +27 (0) 82 896 0306
E-mail: jjones@AngloGoldAshanti.com
Stewart Bailey (Investors) Tel: +1 646 717-3978
E-mail: sbailey@AngloGoldAshanti.com
Disclaimer
Certain statements made in this communication contain certain forward-
looking statements regarding AngloGold Ashanti. Although AngloGold Ashanti
believes that the expectations reflected in such forward-looking statements
are reasonable, no assurance can be given that such expectations will prove
to have been correct. Accordingly, results could differ materially from those
set out in the forward-looking statements as a result of, among other
factors, changes in economic and market conditions, success of business and
operating initiatives, changes in the regulatory environment and other
government actions, fluctuations in gold prices and exchange rates, and
business and operational risk management. For a discussion of such factors,
refer to AngloGold Ashanti`s annual report for the year ended 31 December
2008, which was distributed to shareholders on 27 March 2009 and the
company`s annual report on Form 20-F, filed with the Securities and Exchange
Commission in the United States on May 5, 2009 and amended on May 6, 2009.
AngloGold Ashanti undertakes no obligation to update publicly or release any
revisions to these forward-looking statements to reflect events or
circumstances after today`s date or to reflect the occurrence of
unanticipated events. All subsequent written or oral forward-looking
statements attributable to AngloGold Ashanti or any person acting on its
behalf are qualified by the cautionary statements herein.
Date: 18/05/2009 11:25:43 Produced by the JSE SENS Department.
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