AngloGold Ashanti Holdings plc priced capped cash tender offers, accepting $558.6M of 2028 Notes and $106.6M of 2030 Notes for total $665.1M aggregate purchase price, excluding none of the tendered 2040 Notes.
Key takeaways
Accepted $558,561,000 principal of 3.375% 2028 Notes at $978.03 per $1,000.
Accepted $106,560,000 principal of 3.750% 2030 Notes at $973.26 per $1,000 after 28.7775% proration.
Rejected all $78,925,000 tendered 2040 Notes due to $50M sub-cap after higher priority notes.
Aggregate cap of $650M exceeded by early tenders; no post-early tender acceptance.
Early settlement expected April 16, 2026, with accepted notes to be cancelled.
Offers conducted by AngloGold Ashanti Holdings plc, wholly-owned subsidiary of AngloGold Ashanti plc.