Court decided that structural notes of EFG on "Yandex" papers LLC "YANDEKS" have to be restored

Moscow. May 26. information agency "Interfaks" - Arbitral tribunal of the city of Moscow in claim LLC "Management company "Raiffeisen Kapital" recognized illegal repayment of EFG International Finance (Guernsey) of Ltd. the structural notes which have been let out on securities of Yandex N.V. , because of a suspension of auctions them at the American Nasdaq OMX Group, Inc. in February, 2022. These "Raiffeisen the capital" got bonds in 2019-2021 as the trustee. The volume of investments in materials affairs is not called, an appropriate question to information agency "Interfaks" in UK did not answer. EFG made the decision to extinguish these notes in April, 2022. The reason, it agrees...