Pavel Durov
โœ”
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Founder of Telegram.
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๐Ÿ† Telegram has successfully issued $1.7B in 5-year bonds at a 9% interest rate, maturing in June 2030. More than $950M of our previous bonds (due March 2026) were exchanged for the new issuance.

๐Ÿ™ The response from investors was phenomenal. Weโ€™re deeply grateful to the investment funds that have supported us over the years. Due to strong demand, we expanded the offering beyond the initial $1.5B โ€” yet demand still far exceeded what we could allocate.

๐Ÿช™ With this new funding, we now have more than enough resources to repay the remaining portion of our 2026 bonds. Given Telegramโ€™s profitability, we are in an excellent financial position going forward. ๐Ÿ˜™
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