#HyperOS New update available! (via OTA) Device: POCO X6 Pro 5G Russia Codename: #duchamp Type: Stable Recovery Version: OS2.0.103.0.VNLRUXM | 15.0 Size: 5.6 GB MD5: 3a6e726c921b0fda0887d3d296794e05 Changelog: (System) Updated the security patch to April 2025. Increased system security.
#HyperOS New update available! (via OTA) Device: POCO X6 Pro 5G Russia Codename: #duchamp Type: Stable Recovery Version: OS2.0.103.0.VNLRUXM | 15.0 Size: 5.6 GB MD5: 3a6e726c921b0fda0887d3d296794e05 Changelog: (System) Updated the security patch to April 2025. Increased system security.
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%.
The messaging service and social-media platform owes creditors roughly $700 million by the end of April, according to people briefed on the company’s plans and loan documents viewed by The Wall Street Journal. At the same time, Telegram Group Inc. must cover rising equipment and bandwidth expenses because of its rapid growth, despite going years without attempting to generate revenue.
