AngloGold takes prudent step to relax loan covenant

theflyonthewall.com

Earlier today, AngloGold Ashanti announce it has continued its strategy of proactively managing its balance sheet by reaching agreement with its two banking syndicates to temporarily relax the financial covenant on both of its revolving credit facilities, RCFs. This is purely a proactive step by the company providing it protection, if required, against volatile market and operating conditions.

Rates

View Comments (0)