Slaughter and May advised AngloGold Ashanti on a new five-year revolving credit facility with a syndicate of fourteen banks
Slaughter and May advised AngloGold Ashanti, a leading global gold producer headquartered in South Africa, on a new five-year revolving credit facility with a syndicate of fourteen banks. The new revolving credit facility is for an amount of US$1.4 billion and is a multi-currency facility, allowing for drawings in US$ and in A$ up to a maximum of A$500m. This new facility replaces the group's existing US$1 billion and AU$500 million unsecured facilities put in place in 2014.
Slaughter and May worked alongside Allens, who advised on Australian law matters, and Cains, who advised on Isle of Man law matters.