NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA OR JAPAN OR ANY OTHER STATE OR JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.
AngloGold Ashanti Limited (the “Company”) is pleased to announce the pricing of an offering of $750 million aggregate principal amount of 5.125% notes due 2022. Subject to customary conditions, the offering is expected to close on July 30, 2012. The notes, which will be issued by AngloGold Ashanti Holdings plc, a wholly owned subsidiary of the Company, at an issue price of 99.398%. They are unsecured and fully and unconditionally guaranteed by the Company.
The Company estimates that the net proceeds from the offering will be approximately $738 million, after deducting discounts and estimated expenses. The Company intends to use the net proceeds for general corporate purposes, including to fund capital expenditures and the development of its project pipeline. Pending such use, the Company may temporarily repay indebtedness under its revolving credit facility.
Barclays Capital Inc. and Citigroup Global Markets Inc. are joint bookrunners for, and representatives of the underwriters of, the offering.The offering is being made only by means of a prospectus supplement and accompanying base prospectus. A preliminary prospectus supplement and accompanying base prospectus relating to the offering and containing detailed information about the Company and management, as well as financial statements, has been filed with the Securities and Exchange Commission (“SEC”) and is available on the SEC’s website at http://www.sec.gov. When available, the final prospectus supplement and accompanying base prospectus relating to the offering may be obtained from AngloGold Ashanti Holdings plc by calling AngloGold Ashanti North America Inc. at 1-303-889-0753 or emailing firstname.lastname@example.org, by calling Barclays Capital Inc. at toll-free 1-888-603-5847 or emailing email@example.com or by calling Citigroup Global Markets Inc. at toll-free 1-877-858-5407 or emailing firstname.lastname@example.org. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any offer or sale of the securities described herein, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
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