Freedom Holding Corp. announced that S&P Global Ratings affirmed company’s ratings and revised outlook to “Stable”

01.07.24 17:54
/KASE, July 1, 2024/ – Freedom Holding Corp. (US), with its shares officially listed on Kazakhstan Stock Exchange (KASE), provided KASE with a press release dated June 28, 2024, which states the following: start of quote The international agency S&P Global Ratings changed the rating forecasts for Freedom Finance JSC, Freedom Finance Europe Ltd, Freedom Finance Global PLC and Freedom Bank Kazakhstan JSC from "negative" to "positive" and affirmed long- and short-term credit ratings at "B" /B". Forecast for the long-term credit rating of Freedom Holding Sogr. is revised from "negative" to "stable", the rating was affirmed at the level of "B-". The national scale ratings of Freedom Finance JSC and Freedom Bank Kazakhstan JSC have been increased to "kzBBВ-". end of quote This information is posted at - https://kase.kz/files/emitters/FRHC_KZ/frhc_kz_rating__2024_kz.pdf – in the Kazakh language; - https://kase.kz/files/emitters/FRHC_KZ/frhc_kz_rating_280624_2024.pdf – in the Russian language. [2024-07-01]