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🏆 ConvertIAS Pro2026: Prelims+ Mains with Dedicated Mentorship!
🤝Only Program where we provide Dedicated Interview Appeared Personal Mentor throughout your journey!
🌐 What's Included? (Everything You Need & Nothing You Don't!) 🔥 Dedicated Mentorship (Complete Incubation) - Introduction to Your Personal UPSC Coach/Mentor - Timetable Creation, RoadMap Customisation - Setting up a Weekly 1:1 Mentorship System - Dedicated Coach - where the mentor will held you accountable to show regular progress!
🔥Mains 1) Unlimited Evaluation till Mains 2) Mains Test Series by ConvertIAS (New) 3) Answer Writing Video Courses created by Rank Holders 4) Mains Diamond
🔥Prelims 1) Prelims Test Series (Static + Current) 2) Current Affairs Program (CAP) (Notes + CA Test Series) 3) CSAT Foundation + Test Series
The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
