Freedom Finance says S&P Global Ratings downgraded the company's ratings

/KASE, March 18, 2022/ – Freedom Finance (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote On March 17, 2022, the rating agency S&P Global Ratings downgraded the long- term credit rating of Freedom Finance JSC on obligations in foreign and national currencies to the level "B-", and also lowered the long-term credit rating on the national scale to the level "kzBB-". All ratings of "Freedom Finance" JSC are placed on the list for review with the possibility of downgrading (Rating Watch Negative). unquote [2022-03-18]