Slaughter and May, Allens and Cains advised AngloGold Ashanti on the deal.
The new standby US$1 billion credit facility was part of its effort to increase its liquidity position to withstand any potential disruptions from the COVID-19 epidemic. The credit facility is for a term of 364 days which can be extended for a further six months with the participating syndicated banks’ consent.
AngloGold Ashanti is a leading global gold producer headquartered in South Africa.
Slaughter and May worked alongside Allens, who advised on Australian law matters, and Cains, who advised on Isle of Man law matters.
The Slaughter and May’s team included Matthew Tobin (Picture), Partner, Pavi Prakash Nair, Associate, Peaches Stanforth / Trainee; Gareth Miles, Partner and Gabrielle Pereira, Associate.
Involved fees earner: Gareth Miles – Slaughter and May ; Gabrielle Pereira – Slaughter and May ; Pavi Prakash Nair – Slaughter and May ; Matthew Tobin – Slaughter and May ;
Law Firms: Slaughter and May ;
