Yandex varoittaa konkurssivaarasta jos kaupankäyntiä osakkeilla ei saada käyntiin maanantaina. Velkakirjan omistajilla on oikeus vaatia rahojaan jos kaupankäynti osakkeella on keskeytetty yli viideksi kaupankäyntipäiväksi. Omistajat voivat vaatia 1,25 miljardin dollarin summaa, jota Yandexilla ei tietenkään ole.
Mikähän tilanne muissa firmoissa on? Tämäkin ongelma ratkeaa luonnollisesti poikkeustilan tai sotatilan julistamisella, tai sitten vaan säätävät Duumassa sopivan lain tähänkin tarpeeseen.
" Russian internet giant Yandex on Friday warned that a trading suspension on its Nasdaq-listed shares could trigger a redemption right on a convertible bond that it does not have the resources to cover.
Yandex said that a suspension of trading of its Class A shares on Nasdaq of more than five trading days would give holders of those notes the right to require Yandex to redeem them at par plus accrued interest under the terms of its 0.75% convertible notes due in 2025.
“The current principal amount outstanding is $1.25 billion. In the event that such redemption right was triggered, we would be required to issue a notice within five calendar days informing the holders of the notes of their redemption rights,” Yandex said in a statement.
Russian internet giant Yandex on Friday warned that a trading suspension on its Nasdaq-listed shares could trigger a redemption right on a convertible bond that it does not have the resources to cover.
www.reuters.com