Ashanti scraps note restructuring (June 28, 2002)

Thanks to a US$75-million last-minute injection from 32%-owner Lonmin, Ashanti Goldfields (ASL-N) has scrapped a proposed note restructuring.Instead, the African gold miner will implement an early cash redemption of US$218.5 million worth of outstanding 5.5% Exchangeable Guaranteed Notes (plus accrued...

By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close