03:42 AM EDT, 09/11/2026 (MT Newswires) -- London- and Johannesburg-listed mining company Tharisa (THS.L, THA.JO) said Friday it priced a $300 million senior secured bond to be issued by its subsidiary Arxo Finance. The five-year bond is issued at 98% of principal and carries a semi-annual coupon of 11.00% per annum. Settlement is scheduled for Sept. 24, with proceeds earmarked for the development and construction of Tharisa's tier 1 Karo Platinum project in Zimbabwe and for general corporate purposes.

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