[miningmx.com] – ANGLOGOLD Ashanti’s credit rating was due for an improvement, said Bloomberg News citing comments the gold firm’s CEO, Srinivasan Venkatakrishnan made about cost-cutting, higher production, and wage agreements.
“Taking all of that into account, certainly we’d expect to see some improvement’ in the credit rating, Venkatakrishnan told the news agency. “The debt in the secondary market is already trading like investment-grade debt,’ he said.
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