Anglo American PLC's Senior Unsecured Debt 'BB' Ratings Reinstated - S&P Global Ratings’ Credit Research

Anglo American PLC's Senior Unsecured Debt 'BB' Ratings Reinstated

Anglo American PLC's Senior Unsecured Debt 'BB' Ratings Reinstated - S&P Global Ratings’ Credit Research
Anglo American PLC's Senior Unsecured Debt 'BB' Ratings Reinstated
Published Mar 11, 2016
3 pages (1138 words) — Published Mar 11, 2016
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

LONDON (Standard&Poor's) March 11, 2016--Standard&Poor's Ratings Services said today that it corrected by reinstating its 'BB' ratings on the following debt instruments issued by Anglo American PLC: €581.4 million senior unsecured notes due 2016 (original amount €750 million). €537.8 million senior unsecured notes due 2018 (original amount €750 million). €481.6 million senior unsecured notes due 2018 (original amount €750 million). £266.7 million senior unsecured notes due 2018 (original amount £400 million). The recovery rating on these notes is unchanged at '3', with recovery prospects in the lower half of the 50%-70% range. We had withdrawn the issue ratings in error on March 7, 2016. RELATED CRITERIA AND RESEARCH Related Criteria Methodology And Assumptions: Liquidity Descriptors For

  
Brief Excerpt:

...LONDON (Standard & Poor's) March 11, 2016--Standard & Poor's Ratings Services said today that it corrected by reinstating its '##' ratings on the following debt instruments issued by Anglo American PLC: + 581.4 million senior unsecured notes due 2016 (original amount 750 million). + 537.8 million senior unsecured notes due 2018 (original amount 750 million). + 481.6 million senior unsecured notes due 2018 (original amount 750 million). + ú266.7 million senior unsecured notes due 2018 (original amount ú400 million). The recovery rating on these notes is unchanged at '3', with recovery prospects in the lower half of the 50%-70% range. We had withdrawn the issue ratings in error on March 7, 2016. RELATED CRITERIA AND RESEARCH Related Criteria + Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers, Dec. 16, 2014 + National And Regional Scale Credit Ratings, Sept. 22, 2014 + Key Credit Factors For The Metals And Mining Upstream Industry, Dec. 20, 2013 + Corporate Methodology:...

  
Report Type:

Ratings Action

Ticker
AAL@LN
Issuer
GICS
Diversified Metals & Mining (15104020)
Sector
Global Issuers
Country
Region
United States
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Anglo American PLC's Senior Unsecured Debt 'BB' Ratings Reinstated" Mar 11, 2016. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Anglo-American-PLC-s-Senior-Unsecured-Debt-BB-Ratings-Reinstated-1595298>
  
APA:
S&P Global Ratings’ Credit Research. (). Anglo American PLC's Senior Unsecured Debt 'BB' Ratings Reinstated Mar 11, 2016. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Anglo-American-PLC-s-Senior-Unsecured-Debt-BB-Ratings-Reinstated-1595298>
  
US$ 150.00
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