| Issuer / Guarantor | Nebius Group NV (former Yandex) |
|---|---|
| Size | USD 1581.25mn |
| Type | Convertible |
| Leads | Goldman Sachs, Morgan Stanley, BoA, Citigroup |
| Maturity | 15 Sep 2030 (5 years) |
| Coupon | 1% (1.25 - 1.75%) |
| Premium | 50% (45 - 50%) |
| Calls | NC3; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Jul 2026 (0.8 yrs) |
| Announced | 10 Sep 2025 |