Telegram issued bonds worth $330 million, buyers included global funds with an “impeccable reputation,” and the high demand for the company’s securities shows that financial institutions value Telegram’s audience growth, he noted. Pavel Durov.
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Pavel Durov spoke about Telegram’s bond placement for $330 million, the company’s founder wrote about this on his Telegram channel.
“The number of subscribers to this bond offering exceeded the offer and we were glad that the highest level global funds with an impeccable reputation became participants,” Durov noted.
According to Durov, the conditions of bond placement were the most favorable in the company’s history, taking into account the interest rate of the US Federal Reserve.
Previously, Pavel Durov stated that bondholders would not receive rights to manage the company or influence its policies.
Before Telegram’s potential IPO, potential investors valued the company at $30 billion.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
