AngloGold Ashanti Ltd. (ANG), the world's third-largest gold producer, asked six banks to arrange an $800 million three-year loan to replace existing debt.
The loan will be used to refinance a $700 million loan which is due in January and a A$200 million ($186 million) loan due a month later, AngloGold's head of treasury, Mark Lynam, said in an interview from Johannesburg today.
The lenders are Bank of Tokyo-Mitsubishi UFJ, Barclays Capital, Australia & New Zealand Banking Group, Dresdner Kleinwort Group Ltd., Royal Bank of Scotland Plc and Societe Generale SA. (GLE)
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