Freedom Holding secures up to USD 1.16 billion in bond financing from Kokzhiyek Fund

By Public Technologies
  • Freedom Holding signed an October 23, 2026, agreement with Kokzhiyek Fund for up to USD 1.16 billion in subsidiary-issued bonds.
  • Wholly owned FRHC-IF.SPC will issue the five-year bonds, carrying a 7.8% annual coupon payable semiannually.
  • Proceeds will finance seven investment projects; aggregate funding contributions from the issuer, parent or project companies must total at least 20% of issuance.
  • The parent, Freedom Kazakhstan and CEO Timur Turlov guarantee the issuer's obligations.
  • Funds will be released from escrow in stages through December 30, 2028, unless extended; bonds corresponding to undisbursed proceeds face mandatory redemption.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freedom Holding Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000924805-26-000055), on October 29, 2026, and is solely responsible for the information contained therein.

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