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Anglo raises $US1.5B via bonds

WITH BHP Billiton and Rio Tinto both turning to the bond market to raise cash, South African majo...

Kate Haycock

The bonds are due in 2014 and have a semi-annual coupon rate of 4.25-4.75% per annum. The proceeds will be used for general corporate purposes, with Anglo allocating an extra $US200 million for over-allotment....

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