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Harmony Gold launches USD 500 million senior unsecured convertible bond offering

PUBT·09/21/2026 16:44:24
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Harmony Gold launches USD 500 million senior unsecured convertible bond offering
  • Harmony Gold launched an offering of USD 500 million guaranteed senior unsecured convertible bonds due 2031.
  • Proceeds earmarked for general corporate purposes as Harmony targets lower cost of capital and an optimized balance sheet.
  • Bonds expected to price with a 1.5%-2% annual coupon, paid semi-annually; issued at 100% of principal.
  • Initial conversion price expected at a 35%-40% premium to the reference share price; conversion starts 41 business days post-issue.
  • Issue date expected around Sept. 29, 2026; company plans Frankfurt Open Market admission within 30 days.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Harmony Gold Mining Company Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-062841), on September 21, 2026, and is solely responsible for the information contained therein.