Freedom Holding Subsidiary to Issue Up to $1.16 Billion in Five-Year Bonds
Freedom Holding entered an investment agreement with Kokzhiyek Fund for its subsidiary to issue up to $1.16 billion in U.S. dollar-denominated bonds at 7.8% annual interest, maturing five years after issuance. Proceeds will be released in stages to fund seven projects.
Freedom Holding entered into an investment agreement with Kokzhiyek Fund for its subsidiary to issue up to $1.16 billion of U.S. dollar-denominated bonds, bearing 7.8% annual interest and maturing five years after issuance. Proceeds will be released in stages to finance seven specified projects, in…