Anglogold loses IG rating, embarks on roadshow
South African goldminer AngloGold Ashanti is embarking on a roadshow to market a new bond but also to update investors after Standard & Poor’s downgraded the company by one notch on Wednesday morning to BB+, removing the company’s last investment grade rating. On July 12 Moody’s made a similar move, downgrading Anglogold to Baa3 from Baa2.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts