/KASE, August 15, 2025/ – Private company BI Development Ltd. (KASE
ticker – BIGD) reported the following:
quote
We hereby inform you that the international rating agency Fitch Ratings has
affirmed BI Development Ltd. a credit rating at "BB" with a stable outlook.
According to Fitch, BI Development is one of the few developers in the EMEA
region to achieve such a high rating, comparable with Spain's AEDAS Homes
and British Maison Bidco (Keepmoat). Higher ratings of "BBB-" are held by
established players such as France's Kaufman & Broad and UK's The Berkeley
Group. Fitch notes that BI Development demonstrates a level comparable to
these leaders in a number of financial indicators.
unquote
This information is posted at –
https://kase.kz/files/emitters/BIGD/bigd_rating_140825_1508.pdf
[2025-08-15]