Yandex buys back 84.9% of convertible bonds

17.06.2022

Yandex announced that it would close a deal to buy back 84.9% of its convertible bonds within two business days and no later than June 24, 2022.

The company noted that under the terms of the agreement, for every $200,000 face value of bonds, bondholders will receive $140,000 and 957 shares...