Freedom Holding FRHC

Freedom Holding enters into $1.16B bond agreement

Item 1.01 Enters material agreement, Item 2.03 Takes on debt, Item 3.02 Unregistered share sale

Form
8-K
Filed
Importance
Major
  1. Bonds mature in 5 years with 7.8% annual interest
  2. Proceeds to fund 7 projects including data centers and AI
  3. Issuer must contribute 10% of each project's cost
  4. Company must maintain debt-to-equity ratio of 3.5x or less

Written from the 8-K on EDGAR. Check the filing before you rely on it.

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