Ardingly Astana Issues Bonds Totalling KZT 4.906 Billion
Astana, 2 July 2025 – Ardingly Astana, the branch of Ardingly College, one of the UK’s leading independent schools, has announced the issuance of bonds totalling KZT 4,906,000,000 on the Astana International Exchange (AIX).
The bonds have received official registration and represent the School’s first issuance of debt securities. Holders will receive quarterly coupon payments at a fixed annual rate of 21.5%, secured for the full five-year maturity period.
The bond prospectus includes covenants designed to provide additional investor protections, including the right to request early redemption in the event of covenant breaches.
The proceeds from the bond issuance will be used to fund the construction of a new campus for Ardingly Astana, strengthening the presence of British education in Kazakhstan. The issuance forms part of a broader strategy to attract private investment into the education sector and support the development of international school infrastructure in the country.
The full volume of the bond issuance was successfully placed by Freedom Broker, represented by Freedom Finance Global PLC, which acted as the lead underwriter for Ardingly Astana’s bonds.
Financial advisory services for the bond issuance were provided by BCC Invest.
About Freedom Finance Global PLC: Freedom Finance Global PLC provides brokerage services on AIX, acts as a market maker to support securities pricing, and offers financial advisory services, including debt and equity financing solutions. The company is part of the international investment group Freedom Holding Corp., whose shares have been listed on the Nasdaq Capital Market (ticker: FRHC) since 15 October 2019. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC).
