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VK announced the risk of default in company

VK (formerly Mail.ru Grou) warned of a possible default in the company. It is possible due to the suspension of trading on the London Stock Exchange, which may lead to the desire of shareholders to sell their securities when trading resumes. A press release on the current situation was published on the official website of the company the day before. It talks about the consequences ...

Yandex announced the risk of default in company

... trading in securities for a number of companies with a significant number of operations in Russia. This list includes Yandex. Describing the situation , the representatives of the company indicated that, according to the rules, in case of suspension of trading on the stock exchange for more than 5 days, bondholders have the right to demand payment of the cost of securities and interest to them. At the same time, Yandex does not currently have sufficient funds to implement such an operation. The company explains that ...

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