LONDON (Standard&Poor's) May 20, 2003--Standard&Poor's Ratings Services said today it assigned its 'A-' senior unsecured debt rating to U.K.-based mining group Anglo American PLC's (Anglo) proposed $2 billion euro MTN program. At the same time, Standard&Poor's affirmed its 'A-/A-2' corporate credit ratings on Anglo. The outlook is stable. "The recent announcement of merger talks between AngloGold Ltd., a 51% Anglo subsidiary, and Ashanti Goldfields Co. Ltd. of Ghana, has not affected the ratings on Anglo," said Standard&Poor's credit analyst Olivier Beroud. "Should the merger take place, Anglo would see its stake fall to less than its controlling stake of 51%, but the group would retain a strong influence on the merged company's
