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【#吴亦凡被批捕#】2021年8月16日,北京市朝阳区人民检察院经依法审查,对犯罪嫌疑人吴某凡以涉嫌强奸罪批准逮捕。(人民日报记者张璁)#朝阳检方以涉嫌强奸罪批捕吴亦凡# ​​​
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【#吴亦凡被批捕#】2021年8月16日,北京市朝阳区人民检察院经依法审查,对犯罪嫌疑人吴某凡以涉嫌强奸罪批准逮捕。(人民日报记者张璁)#朝阳检方以涉嫌强奸罪批捕吴亦凡# ​​​
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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.

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