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Telegram on Wednesday is set to raise at least $1.5 billion in a bond issue, according to people familiar with the matter, winning support from both new and existing backers.
Billionaire and Telegram CEO Pavel Durov revealed to a French magazine that he recently made plans for his will and how he plans to divide his wealth.
BlackRock is participating in a $1.5 billion bond raise by the Telegram messenger after joining its first bond sale in 2021, the WSJ reported.
Telegram to Raise $1.5B Through Bond Sale Backed by BlackRock and Citadel: WSJ The funds will be used to repurchase debt and are convertible into equity if Telegram goes public.
Messaging application company Telegram has raised an additional $1.7 billion in capital through a recent bond offering.
Telegram Raises $1.7B Via Convertible Bonds: Bloomberg The messaging app, with over 1 billion users, plans to use $955 million to buy back existing bonds and the remaining $745 million for growth.
The Abilene City Council approved about $1 million in expenditures for technology and software related to the Good Friday cyberattack and the issuance of energy-related bonds during a regular ...
For investors opting for quarterly payouts, the coupon will be 8.85 per cent on three-year and 9.00 per cent on five-year ...
Telegram’s new bond issuance builds on the success of its 2021 offering but with even more attractive terms. The new bonds carry a 9% coupon rate-up from 7%-and are set to mature in 2030.
Telegram has secured $1.7 billion by issuing five-year convertible bonds, aiming to refinance existing liabilities and push out repayment deadlines.
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