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Mon 14 Aug 2017, 11:35 ANGLO AMERICAN SA FINANCE LIMITED - Credit Rating Action
AA07 AA05 AA06 201708140013A
Credit Rating Action

Anglo American SA Finance Limited

Company Code: BIAANG

Dated: 14 August 2017

Rating Agency: Standard and Poor’s Global Ratings(‘S&P’)


S&P has upgraded the Anglo American plc (‘AA plc’) rating to
BBB- with a Stable outlook.


In accordance with paragraph 4.26 of the JSE Debt Listings
Requirements, noteholders are advised that S&P has upgraded the
senior unsecured ratings of AA plc and its subsidiaries to BBB-
and revised the outlook to stable from positive. Concurrently,
S&P upgraded the company’s national scale rating (‘NSR’) to
zaAAA from zaA+. AA plc is the Guarantor under Anglo American SA
Finance Ltd’s R20bn DMTN Programme.


For further information contact:

Debt Sponsor – The Standard Bank of South Africa Limited
Megan McDonald
Tel (011)721 7008 Email: megan.mcdonald@standardbank.co.za

Anglo American SA Finance Limited
Pranill Ramchander
Tel (011)638 2592 Email: pranill.ramchander@angloamerican.com



14 August 2017

Debt Sponsor: The Standard Bank of South Africa Limited, acting
through its Corporate and Investment Banking division.

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