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๐ทet wounds and
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28/11/20
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๐ฎ๐ฟ๐๐ถ๐ฝ๐ธ๐ฒ๐ต๐ถ๐ฑ๐๐ฝ๐ฎ๐ปโโ Telegram | DID YOU KNOW?
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%.
Mr. Durov launched Telegram in late 2013 with his brother, Nikolai, just months before he was pushed out of VK, the Russian social-media platform he founded. Mr. Durov pitched his new appโfunded with the proceeds from the VK saleโless as a business than as a way for people to send messages while avoiding government surveillance and censorship.
๐ฎ๐ฟ๐๐ถ๐ฝ๐ธ๐ฒ๐ต๐ถ๐ฑ๐๐ฝ๐ฎ๐ปโโ from SAUSA US telegram Group & telegram Channel 10
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Telegram ๐ฎ๐ฟ๐๐ถ๐ฝ ๐ธ๐ฒ๐ต๐ถ๐ฑ๐๐ฝ๐ฎ๐ป โ โ, 525557 Telegram Group & Telegram Channel USA, USTelegram ๐ฎ๐ฟ๐๐ถ๐ฝ ๐ธ๐ฒ๐ต๐ถ๐ฑ๐๐ฝ๐ฎ๐ป โ โ, 525557 Telegram Group & Telegram Channel, USA,
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