bne IntelliNews – After Nasdaq stock suspension, Yandex could default on .25bn convertible notes

bne IntelliNews – After Nasdaq stock suspension, Yandex could default on $1.25bn convertible notes

Yandex, arguably the most successful and emblematic Russian digital company over the past 25 years, could default in a matter of days. The company warned about this risk even though none of its entities, main shareholders, directors or managers have been targeted by western sanctions, reports East-West Digital News (EWDN).


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