15th Sep 2020 12:54
(Alliance News) - Anglo American PLC said Tuesday its subsidiary Anglo American Capital PLC will purchase USD240.3 million of the USD600 million 4.125% senior securities due 2022 offered under a tender offer.
The securities will be purchased at a price of USD1,066.06 per USD1,000 of the nominal amount, representing a 0.833%.
The securities purchased by Anglo American Capital will be cancelled, and not reissued or sold.
DF King acted as tender agent for the offer, while BNP Paribas, Goldman Sachs & Co LLC, HSBC Securities (USA) Inc and Santander Investment Securities Inc acted as dealer managers.
Shares in Anglo American were up 2.7% at 1,989.00 pence in London, while its Johannesburg shares were 1.0 higher at ZAR421.73 on Tuesday.
By Dayo Laniyan; [email protected]
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