THE world’s largest gold producer, Anglogold, arranged a $350-million syndicated term loan facility in London on Friday. The unsecured loan will pay for the acquisition of Minorco’s gold assets around the world. The firm reports that the syndication was well oversubscribed, and that this was the largest facility to be raised for a South African corporation so far. Company officials indicated that the agreement signals Anglogold’s evolution from a South African firm to a global one.