Telegram to raise $ 1.5 billion in selling bonds joined by Blackrock.
According to Blackrock, one of the largest Bitcoin holders in the world, in increasing bonds by friendly TELEGRAM encryption.
TELEGRAM is expected to collect at least $ 1.5 billion in the issuance of bonds on May 28, with the support of current supporters such as Blackrock and Abu Dhabi investment investment MUBADALA, The Wall Street Journal. I mentioned.
As part of the sale, Telegram offers bonds to investors for a period of five years at a rate of 9 %, and the report said, citing familiar sources.
Telegram plans to use returns to buy the remaining debts of bonds Release In 2021, which is due to maturity in March 2026.
Lipuk discounts potential telegram
Regardless of current telegram holders such as Blackrock and MUBADALA, the sale is also expected to bring new investors, including Citadel American funds.
The WSJ report came weeks after Bloomberg first I mentioned In the sale of bonds in Telegram in late April, with sources claiming that the company was holding investor meetings on selling bonds worth about $ 2 billion to re -financing its debts for the first time in 2021.
According to To Financial Times, the new bond display of Telegram will allow investors to purchase shares in a potential primary public offer at 20 % discount, which reflects the conditions for previous bond sales.
Telegram CEO to return to Dubai
While Telegram did not issue any official statement on the sale of bonds, its CEO, Pavel Duru, has disturbed the audience with his next visit to Dubai next week.
Soon after the WSJ news broke, Dorov moved to X to present a short statement: “I will be in Dubai in the first week of June – good news in the future.”
The expected visit, Mark Marc, has been the second entry of Dorov to Dubai since the arrest of the CEO of Telegram in France in August 2024 and his ban from leaving the country amid a continuous investigation into the Messenger.
Dorov had previously traveled to Dubai after obtaining permission to do so from a French court in March.
This is a developing story. More information will be added when available.
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