🌏 WORLD WIDE RALLY FOR FREEDOM 16.0 🌎
💫 The World is rising up! 💫
📅 Saturday 25th of May, 2024
🌏 United around the world
#wewillALLbethere
🕊 We are standing side by side for Freedom, Peace and Human Rights
🌟 Together, We Are Free
BY 🌎World Wide Rally for Freedom Official 🌎 May 25th
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.
World Wide Rally for Freedom Official May 25th from es