Yandex closes USD 1 bln public offering and private placement

Tuesday 30 June 2020 | 14:58 CET | News
Russian internet search engine Yandex said it has closed its offering of 8.122 million class A shares. There was also a greenshoe of 1.218 million more class A shares, bringing the total offered to 9.340 million class A shares at USD 49.25 per unit, for gross proceeds of USD 460 million. Goldman Sachs served as the sole underwriter.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Yandex
Countries: Russian Federation
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.