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2025-05-29 16:43:28

Layer3.news on Nostr: cointelegraph.com11 TELEGRAM RAISES $1.7 BILLION IN CONVERTIBLE BOND OFFERING -- ...


TELEGRAM RAISES $1.7 BILLION IN CONVERTIBLE BOND OFFERING


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✍️ Telegram, a messaging platform, raised $1.7 billion from investors in a recent bond offering, with plans to use most of the proceeds to repay debt and allocate the remainder for working capital.
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👉 Telegram raised $1.7 billion from investors in a recent bond offering
👉 The company will use most of the proceeds to repay debt
👉 The remaining $745 million is fresh capital for growth and operational costs
👉 Investors have the option to purchase shares of Telegram in a potential future IPO at a 20% discount

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#PavelDurov #ElonMusk #technology
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The messaging platform will use most of the proceeds to repay existing bondholders, with the remainder allocated as working capital to support ongoing operations.
https://cointelegraph.com/news/telegram-raises-17-billion-convertible-bonds

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