Freedom Holding Corp. says S&P Global Ratings upgraded subsidiaries' ratings; outlook "Stable"

13.12.24 11:17
/KASE, December 13, 2024/ – Freedom Holding Corp. (USA) (KASE ticker – FRHC_KZ) reported the following: quote International agency S&P Global Ratings has upgraded long-term credit ratings of Freedom Finance JSC, Freedom Finance Global PLC, Freedom Finance Europe Ltd and Freedom Bank Kazakhstan JSC from "B" to "B+" and affirmed their short-term credit ratings at "B". On the national scale, the ratings of Freedom Finance JSC and Freedom Bank Kazakhstan JSC have been upgraded from "kzBBB-" to "kzBBB". The rating of Freedom Holding Corp. has been affirmed at "B-". unquote The full version of the press release in Kazakh – https://kase.kz/files/emitters/FRHC_KZ/frhc_kz_relizs__121224_kaz.pdf The full version of the press release in Russian – https://kase.kz/files/emitters/FRHC_KZ/frhc_kz_relizs_121224_2024.pdf [2024-12-13]