Yandex Provides Update on Convertible Notes Purchase Transaction

Yandex Provides Update on Convertible Notes Purchase Transaction

MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / June 20, 2022 / Yandex N.V. (“Yandex”), a Dutch public limited company and the parent company of one of Europe’s largest internet businesses, today provided an update in relation to the Purchase Agreement dated June 15, 2022 (the “Purchase Agreement”), between Yandex and selling holders of its $1.25 billion 0.75% Convertible Notes due 2025 (the “Notes”).

Following execution of the Purchase Agreement between Yandex and the selling…


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