Anglogold Ashanti Holdings plc Announces Early Results of Capped Cash Tender Offers for Part of Its 3.375% Notes Due 2028, 3.750% Notes Due 2030 and 6.500% Notes Due 2040
AU
Published on 04/14/2026 at 12:21 pm EDT
AngloGold Ashanti Holdings plc announced the early results of the previously announced capped cash tender offers that the Offeror commenced on March 30, 2026 (the ?Offers?), for up to $650,000,000 aggregate purchase price (exclusive of Accrued Interest), for part of its outstanding (i) $750,000,000 3.375% notes due 2028 (the ?2028 Notes?), (ii) $700,000,000 3.750% notes due 2030 (the ?2030 Notes?) and (iii) $300,000,000 6.500% notes due 2040 (the ?2040 Notes? and together with the 2028 Notes and the 2030 Notes, the ?Notes?), issued by the Offeror and guaranteed by AngloGold Ashanti plc, a company incorporated under the laws of England and Wales (?AGA?). As of April 13, 2026 at 5:00 p.m. (New York City time) (the ?Early Tender Time?), as reported by Kroll Issuer Services Limited, the Information & Tender Agent for the Offers, the principal amounts of the Notes listed in the table below had been validly tendered and not validly withdrawn: 3.375% notes due 2028: $750,000,000 outstanding, $558,561,000 tendered at Early Tender Time (74.47% of outstanding notes); 3.750% notes due 2030: $700,000,000 outstanding, $446,457,000 tendered at Early Tender Time (63.78% of outstanding notes); 6.500% notes due 2040: $300,000,000 outstanding, $78,925,000 tendered at Early Tender Time (26.31% of outstanding notes), with a Sub-Cap of $50,000,000.
The amount of each series of Notes to be purchased in the Offers on the Early Settlement Date will be determined in accordance with the Acceptance Priority Level specified in the table above, with 1 being the highest Acceptance Priority Level and 3 being the lowest Acceptance Priority Level, subject to the Aggregate Cap, the Sub-Cap and the proration arrangements described in more detail in the Offer to Purchase. The Total Consideration and the Late Tender Offer Consideration for each series of Notes accepted for purchase will be determined based on the formula set out in the Offer to Purchase on April 14, 2026 at 10:00 a.m., New York City time. The Total Consideration and Late Tender Offer Consideration for each series of Notes, together with the aggregate principal amount of validly tendered Notes of each series that is accepted for purchase and details of the applicable proration, will be announced by a separate release later on April 14, 2026.
The Early Settlement Date is expected to be April 16, 2026. The Withdrawal Deadline was April 13, 2026 at 5:00 p.m. (New York City time). Therefore, Notes that have been validly tendered and not validly withdrawn, and Notes tendered after that date, may not be withdrawn unless otherwise required by applicable law.
The Offers will expire at 5:00 p.m., New York City time, on April 28, 2026, unless extended or earlier terminated. The Offers are being made upon and are subject to the terms and conditions set forth in the Offer to Purchase. The Offeror?s obligation to accept for payment and pay for the Notes validly tendered in the Offers is subject to the satisfaction or waiver of the conditions described in the Offer to Purchase.
Notes that are accepted in the Offers will be purchased by the Offeror and cancelled and will no longer remain outstanding obligations of the Offeror.