Anglogold Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1944/017354/06)
ISIN Number: ZAE000014601
JSE Share Code: ANG
8 February 2002
ANGLOGOLD ANNOUNCES A US$600,000,000 SYNDICATED REVOLVING CREDIT FACILITY
AngloGold today announced that a $600 million syndicated revolving credit
facility was signed on Thursday, 7 February 2002. This facility, which will
be used to refinance an existing US$350 million loan maturing on 12 February
2002 and for other general corporate purposes, has a three-year term and a
margin of 70 basis points above LIBOR.
A total of 24 international banks participated in the facility.
Commenting on the conclusion of the arrangement, AngloGold's Finance
Director, Jonathan Best, said: "We're very pleased to have secured a margin
for this facility that sets a new benchmark for large loans to South African
companies. The rate is also significantly better than the terms of the
previous loan, which had a margin of 90 basis points above LIBOR. This,
together with the fact that the facility was substantially over-subscribed,
indicates the market's strengthening perception of AngloGold's credit
worthiness. It also signals an improvement in the availability and cost of
funds for South African companies raising capital abroad."
ends
www.anglogold.com
Queries:
In South Africa
Steve Lenahan
+2711 637 6248 (tel)
+2711 637 6107 (fax)
+27 83 308 2200 (mobile)
slenahan@anglogold.com
Shelagh Blackman
+2711 637-6379 (tel)
+2711 637-6399 (fax)
+27 83 308 2471 (mobile)
sblackman@anglogold.com
In the UK
Alex Buck
+44 20 7664 8712 (tel)
+44 20 7664 8711 (fax)
+44 7932 2740 452 (mobile)
abuck@anglogold.com
In the USA
Charles Carter
800 417 9255 toll free
+1 212 750 7999 (tel)
+1 212 750 5626 (fax)
ccarter@anglogold.com
In Australia
Andrea Maxey
+61 8 9425 4604 (tel)
+61 8 9625 4650 fax)
+61 438 001 393 (mobile)
amaxey@anglogold.com.au
CORPORATE AFFAIRS DEPARTMENT
16th FLOOR, 11 DIAGONAL STREET
JOHANNESBURG 2001
TELEPHONE: (+27 11) 637-6385
FAX: (+27 11) 637-6399/6400
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