IT company Yandex may redeem the convertible bonds on the following terms: for each $200,000 of the face value of the bonds, the company will pay $140,000 and 957 shares of Yandex N.V. Part of the consideration in the form of Yandex N.V. shares may be paid after the bonds transfer and removal of regulatory restrictions. If the convertible bonds are repurchased from at least 75% of the holders by June 30, 2022, the company will have the right to repurchase the remaining securities on the same terms by July 29, 2022.
IT company Yandex may redeem the convertible bonds on the following terms: for each $200,000 of the face value of the bonds, the company will pay $140,000 and 957 shares of Yandex N.V. Part of the consideration in the form of Yandex N.V. shares may be paid after the bonds transfer and removal of regulatory restrictions. If the convertible bonds are repurchased from at least 75% of the holders by June 30, 2022, the company will have the right to repurchase the remaining securities on the same terms by July 29, 2022. 
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