2.2.0.7 false Debt 00950 - Disclosure - Debt true false false false 1 USD false false Monetary Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 EarninsPerShareUSD Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 $ 2 Long-Term Debt Abstract 0 us-gaap_LongTermDebtAndCapitalLeaseObligationsAbstract us-gaap true na duration No definition available. false false false false false true false false false false false false 1 false false false false 0 0 false false false xbrli:stringItemType string No definition available. false 3 Long Term Debt 1 us-gaap_LongTermDebtTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false terselabel false 1 false false false false 0 0 Loan facilitiesDuring the second quarter of 2010, the Company repaid and cancelled the 2009 Term Facility and the $1.15 billion syndicated loan facility, and in addition, cancelled the 2009 Revolving Credit Facility which was undrawn. The Company entered into a new $1.0 billion four year revolving credit facility to replace these facilities. The cancellation of these debt facilities resulted in a once-off charge to earnings of $8 million related to accelerated amortization of fees.Amounts outstanding under the $1.0 billion facility bear interest at a margin of 1.75 percent over the London Interbank Offered Rate ("LIBOR"). A commitment fee of 0.70 percent is payable on the undrawn portion of the facility.As of June 30, 2010, $nil million was drawn under the $1.0 billion revolving credit facility.Convertible bondsOn May 22, 2009, the Company concluded an issue of convertible bonds, in the aggregate principal amount of $732.5 million at an interest rate of 3.5 percent convertible into American depositary shares ("ADSs") of AngloGold Ashanti at an initial conversion price of $47.6126. The conversion price is subject to standard weighted average anti-dilution protection. The convertible bonds were issued by AngloGold Ashanti Holdings Finance plc, a finance company wholly-owned by AngloGold Ashanti Limited. AngloGold Ashanti Limited has fully and unconditionally guaranteed the convertible bonds issued by AngloGold Ashanti Holdings Finance plc. There are no significant restrictions on the ability of AngloGold Ashanti Limited to obtain funds from its subsidiaries by dividend or loan.The Company is separately accounting for the conversion features of the convertible bonds at fair value as a derivative liability, which was determined to be $142.2 million on May 22, 2009, with subsequent changes in fair value recorded in earnings each period. The fair value of the derivative liability was $175 million as of December 31, 2009. As at June 30, 2010, the fair value of the derivative liability was $111 million and the $64 million decrease in fair value was recorded during the six months ended June 30, 2010 as a non-hedge derivative gain. The difference between the initial carrying value and the stated value of the convertible bonds, $732.5 million, is being accreted to interest expense using the effective interest method over the 5 year term of the bonds, resulting in a carrying value as at June 30, 2010 of $622 million.Rated bondsOn April 22, 2010, the Company announced the pricing of an offering of $1.0 billion of 10-year and 30-year unsecured notes. The notes were issued by AngloGold Ashanti Holdings plc, a wholly-owned subsidiary of AngloGold Ashanti, and are fully and unconditionally guaranteed by AngloGold Ashanti Limited. The offering closed on April 28, 2010.The offering consisted of $700 million of 10 year unsecured notes at a semi-annual coupon of 5.375 percent and $300 million of 30 year unsecured notes at a semi-annual coupon of 6.50 percent.As at June 30, 2010, the total carrying value of the $1.0 billion notes (including accrued interest of $10 million) amounted to $1,004 million. Loan facilitiesDuring the second quarter of 2010, the Company repaid and cancelled the 2009 Term Facility and the $1.15 billion syndicated loan facility, and false false false us-types:textBlockItemType textblock This element may be used as a single block of text to encapsulate the entire disclosure for long-term borrowings including data and tables. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 false 1 2 false UnKnown UnKnown UnKnown false true