Anglo American Plc unit Anglo American Capital Plc has put up US$1.20 billion to purchase €1.67 billion of outstanding notes.
The tender offer includes €750.0 million of 2.750% notes due June 7, 2019, €600.0 million of 1.50% notes due April 1, 2020, €600.0 million of 2.875% notes due Nov. 20, 2020, and €750.0 million of 2.50% notes due April 29, 2021.
The accrued interest amount will be calculated on the basis of the applicable interest rate for the relevant notes, according to the March 7 release.
The settlement of the tender offers and payment of the consideration is expected on March 19.
The company said in February that it plans for early redemption of all its outstanding US$750 million 9.375% notes due April 8, 2019.
