Anglo American launches US$1.5 billion convertible bond
Thursday, April 16th, 2009
Anglo American plc announces that it intends to make an offering of US$1.5 billion principal amount of Convertible Bonds due 2014 in order to further strengthen its balance sheet, diversify its sources of funding and lengthen its debt maturity profile. The proceeds of the Offering will be used for general corporate purposes. Under the terms of the Offering, there will be a 90-day lock-up period on issuances or sales of shares or equity-linked securities by the Company, subject to certain customary exceptions.
For further inforamtion visit www.angloamerican.co,uk