Freedom Holding Corp. says S&P Global Ratings upgraded ratings of Freedom Finance and "Freedom Finance" Investment Company; outlook "Stable"

29.06.21 12:08
/KASE, June 29, 2021/ – Freedom Holding Corp. (US), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote S&P Global Ratings has upgraded the long-term credit ratings of IC "Freedom Finance" LLC (Russian Federation) and Freedom Finance JSC (Republic of Kazakhstan) from "B-" to "B". The outlook is "Stable". At the same time, the agency affirmed the short-term credit ratings of issuers at "B" for both companies and upgraded the rating of Freedom Finance JSC on the national scale from "kzBB" to "kzBB+". unquote More details are available on KASE website – https://kase.kz/files/emitters/US_FRHC/us_frhc_reliz_280621_1.pdf [2021-06-29]