Davis Polk advised Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Goldman, Sachs & Co. as dealer managers in connection with a cash tender offer by AngloGold Ashanti Holdings plc for any and all of the 3.5% guaranteed convertible bonds due 2014 issued by AngloGold Ashanti Holdings Finance plc.

Based in Johannesburg, South Africa, AngloGold Ashanti is a global gold company with a portfolio of assets and differing orebody types in key gold-producing regions. AngloGold Ashanti was formed following the consolidation of the gold interests of Anglo American plc into a single company in 1998. AngloGold Ashanti’s asset portfolio includes production from 21 operations in 10 countries, gold production and reserves from operations outside South Africa and gold production from a broad variety of ore body types, as well as a variety of open-pit, heap-leach, underground, surface and dump reclamation operations.

The Davis Polk corporate team included partner Paul E. Kumleben and associates Reuven B. Young, Radoslaw Michalak and Matthew Hart. All members of the Davis Polk team are based in the London office.