REG - Anglo American Cap Anglo American PLC - Final Results of Tender Offers for certain Notes <Origin Href="QuoteRef">AAL.L</Origin> <Origin Href="QuoteRef">AALAA.UL</Origin>

Anglo AmericanAnnouncement

26/02/2016 12:50

RNS Number : 3307Q
Anglo American Capital plc
26 February 2016
Anglo American Capital plc announces Final Results of Tender Offers for certain of its Notes
NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS)OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT (SEE " DISTRIBUTION RESTRICTIONS" BELOW)
26 February 2016. 
Anglo American Capital plc (the "Company") invited holders of such of its outstanding notes as are listed below (together, the "Notes") to tender some or all of their Notes to the Company for purchase by the Company for cash (the "Tender Offers"), for an aggregate consideration of up to the Total Funds Available, upon the terms and subject to the conditions set out in the tender offer memorandum dated 18 February 2016 (the "Tender Offer Memorandum") prepared by the Company.
Capitalised terms used but not defined in this announcement have the meanings given to them in the Tender Offer Memorandum.
The Company hereby announces that it will accept for purchase all Notes validly tendered under the Tender Offers with pro-ration; that the applicable Euro/U.S. dollar exchange rate at the Expiration Time is 1.1036; that the applicable Sterling/U.S. dollar exchange rate at the Expiration Time is 1.3948; and that:
(i) the aggregate nominal amount of each Series of Notes validly accepted for purchase (each a "SeriesAcceptance Amount"); 
(ii) the Accrued Interest payable; and 
(iii) the applicable Pro-Rating Factor for each Series
are as follows: 
Notes
ISIN
Purchase Price
Series Acceptance Amount
Accrued Interest
Pro-Rating Factor
4.375 per cent. Notes due 2 December 2016
(the "Notes due December 2016") 
XS0470632646
100.65 per cent.
 168,597,000
 10.76
86.58%
1.750 per cent. Notes due 20 November 2017
(the "Notes due November 2017") 
XS0995039806
96.65 per cent.
 305,975,000
 4.88
70.26%
1.750 per cent. Notes due 3 April 2018
(the "Notes due April 2018") 
XS1052677207
91.45 per cent.
212,195,000
 15.92
n/a
6.875 per cent. Notes due 1 May 2018
(the "Notes due May 2018") 
XS0361024895
96.15 per cent.
133,257,000
57.29
n/a
2.500 per cent. Notes due 18 September 2018
(the "Notes due September 2018") 
XS0830380639
90.00 per cent.
 268,365,000
 11.27
n/a
The Company will pay, for the Notes in each Series accepted by it for purchase pursuant to the Tender Offers, an amount in Euro (in the case of the Euro Notes) or Sterling (in the case of the Sterling Notes) (the "Tender Consideration") equal to the sum of: 
1. the product of (x) the relevant Purchase Price and (y) the nominal amount of the relevant Notes; and 
2. the Accrued Interest Amount in respect of such Notes, 
rounded, if necessary, to the nearest 0.01 or 0.01, as applicable, with 0.005 or 0.005 being rounded upwards. 
Settlement of the Tender Offers and payment of the Tender Consideration in respect of Notes accepted for purchase is expected to take place on 1 March 2016.
BNP Paribas is the Global Coordinator and Commerzbank AG and Crdit Agricole Corporate and Investment Bank together with BNP Paribas are acting as Joint Dealer Managers for the Tender Offers and Lucid Issuer Services Limited is acting as Tender Agent.
Questions and requests for information in relation to the Tender Offers may be directed to the Joint Dealer Managers.
GLOBAL COORDINATOR

BNP Paribas
10 Harewood Avenue
London NW1 6AA
United Kingdom

JOINT DEALER MANAGERS


BNP Paribas
Commerzbank AG
10 Harewood Avenue
Mainzer Landstrasse 151-153
London NW1 6AA
60327 Frankfurt am Main
United Kingdom
Germany


Tel: +44 20 7595 8668
Tel: +49 69 136 59920
Attention: Liability Management Group
Attention: Liability Management 
Email: liability.management@bnpparibas.com
Email: liability.management@commerzbank.com


Crdit Agricole Corporate and Investment Bank
9 quai du Prsident Paul Doumer
92920 Paris La Dfense
France

Tel: +44 20 7214 5733
Attention: Liability Management
Email: liability.management@ca-cib.com
Requests for information in relation to the Tender Offers should be directed to:
THE TENDER AGENT

Lucid Issuer Services Limited
Tankerton Works
12 Argyle Walk
London WC1H 8HA
Tel: +44 20 7704 0880
Attention: David Shilson
Email: angloamerican@lucid-is.com
DISCLAIMER 
Subject to applicable law, the Company or any of its affiliates may at any time and from time to time following completion of the Tender Offers purchase remaining outstanding Notes by tender, in the open market, by private agreement or otherwise on such terms and at such prices as the Company, or if applicable, its affiliates may determine. Such terms, consideration and prices may be more or less favourable than those offered pursuant to the Tender Offers.
This announcement must be read in conjunction with the Tender Offer Memorandum. If any Noteholder is in any doubt as to the content of this announcement or the Tender Offer Memorandum, it is recommended to seek its own financial advice, including in respect of any tax consequences, from its broker, bank manager, solicitor, accountant or other independent financial, tax or legal adviser. 
DISTRIBUTION RESTRICTIONS
The distribution of this announcement and/or the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Company, the Joint Dealer Managers and the Tender Agent to inform themselves about, and to observe, any such restrictions. Neither this announcement nor the Tender Offer Memorandum constitutes an offer to buy or the solicitation of an offer to sell Notes.

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The company news service from the London Stock Exchange
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