trending Market Intelligence /marketintelligence/en/news-insights/trending/gkeucrvnauk4fkawkrhpiq2 content esgSubNav
In This List

Anglo American to redeem US$750M of notes ahead of maturity

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Insight Weekly: LNG exports surge; investors unfazed by inflation; neobanks drive VC funding

Blog

Essential Metals Mining Insights November 2021

Blog

[Infographic]: 2021 World Exploration Trends


Anglo American to redeem US$750M of notes ahead of maturity

Anglo American Plc on Feb. 7 announced plans for early redemption of all of its outstanding US$750 million 9.375% notes due April 8, 2019.

The notes will be redeemed March 9 at a price equal to the greater of 100% of the principal amount of the notes and the sum of the present values of the remaining scheduled payments discounted to the redemption date on a semiannual basis at the treasury rate plus 50 basis points.

The mining giant will also pay accrued and unpaid interest until the redemption date.