debt
confidence high
sentiment neutral
materiality 0.50
Freedom Holding subsidiary launches $66M bond offering at 5.5% due 2026
Freedom Holding Corp.
- Up to $66M aggregate principal of 5.5% USD bonds due October 21, 2026, listed on AIX.
- As of November 22, 2021, $12.2M sold; placement may continue for up to one year.
- Bonds are part of a $200M Programme under which further tranches may be issued until November 2027.
- Proceeds loaned to Freedom Holding Corp for debt repayment, investment-grade purchases, M&A, and working capital.
- Payment of principal and interest is unconditionally guaranteed by Freedom Holding Corp.