Anglo American plc completes $2.5 billion Revolving Multicurrency Credit
Facility
ANGLO AMERICAN PLC
JSE Code: AGL
ISIN Code: GB0004901517
(The `Company`)
News Release
9 July 2004
Anglo American plc completes $2.5 billion Revolving Multicurrency Credit
Facility
Anglo American plc is pleased to announce that it has successfully completed a
$2.5bn revolving multicurrency dual tranche credit facility. The new facility
is for general corporate purposes including refinancing of existing facilities
and will represent Anglo American`s core corporate facility. The transaction
was self arranged with 16 core relationship banks taking an equal participation
in the new facility.
The facility is split between a $0.75bn 364-day revolving credit with a 12-month
term-out and extension options and a $1.75bn five-year revolving credit. Pricing
on the 364-day tranche is set at 22bp over Libor with a 6.5bp commitment fee and
on the five-year tranche at 27bp above Libor with a 9.5bp commitment fee. In the
event that drawings exceed one half of the facility amount then a 5bp
utilisation fee is payable.
The 16 banks appointed as Mandated Lead Arrangers are: BBVA, The Bank of Tokyo-
Mitsubishi, Barclays Capital, BNP Paribas, Citigroup, Deutsche Bank AG, Dresdner
Kleinwort Wasserstein, HSBC, JP Morgan, Mizuho, Morgan Stanley, National
Australia Bank, The Royal Bank of Scotland, Sumitomo Mitsui Banking Corp, UBS
Investment Bank and WestLB.
Date: 09/07/2004 02:15:00 PM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
