Telegram Group Search

CranH Info

12 Members
Date:
tg-me.com/CranH_Info
CranH Info
   4.45
45230 Reviews
Posts
40379 Posts
Webview


CranH Info Telegram | DID YOU KNOW?

Date: |

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%.

Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.

CranH Info from IN

Singapore SG telegram Group & telegram Channel 10

Telegram CranH Info

Created: 2021-02-09

From: भारत and USA

Telegram CranH Info, 460705 Telegram Group & Telegram Channel भारत, SG

Telegram CranH Info, 460705 Telegram Group & Telegram Channel, USA, US

TG CranH Info

https://t.me/CranH_Info

Open Telegram

Webview
Telegram Group
Back To Top