๐ 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.
๐ The response from investors was phenomenal. Weโre 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.
๐ช With this new funding, we now have more than enough resources to repay the remaining portion of our 2026 bonds. Given Telegramโs profitability, we are in an excellent financial position going forward. ๐