New Telegram Bond Issued for $330 Million
Pavel Durov announced that last week Telegram had issued bonds worth $330 million to accelerate the development of the messenger. The applications for bonds placement were oversubscribed, and on top of this, the majority of the buyers consisted of high-tier, high priced funds.
Telegram has previously issued bonds on:
• March 2021: The first bond placement for $1 billion.
• April 2021: Bonds placed for an additional $750 million.
• July 2023: Bonds were issued for $270 million, about a quarter of which were purchased by Durov himself.
#bonds
Pavel Durov announced that last week Telegram had issued bonds worth $330 million to accelerate the development of the messenger. The applications for bonds placement were oversubscribed, and on top of this, the majority of the buyers consisted of high-tier, high priced funds.
Telegram has previously issued bonds on:
• March 2021: The first bond placement for $1 billion.
• April 2021: Bonds placed for an additional $750 million.
• July 2023: Bonds were issued for $270 million, about a quarter of which were purchased by Durov himself.
#bonds