Yandex N : Announces Investment Grade Credit Rating

Yandex N : Announces Investment Grade Credit Rating

Moscow, Amsterdam, December 30, 2021 – Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that Fitch Ratings has assigned Yandex a first-time Long-Term Issuer Default Rating (IDR) of ‘BBB’ with a Stable Outlook. According to Fitch’s published report, the key rating drivers included, among others, Yandex’s strong leadership position in many consumer segments in Russia (including…


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