🧑🎓 Anxiety is a natural phenomenon before and during exam hours. It comes to everyone, irrespective of his personality and exam preparation.
If you are looking for ways to overpower that fear and optimise you performance, do watch this insightful video, another in the series of UPSC EXAM DIARYby Srikant Bhagat sir (Ex- Vision IAS, Ex- Next IAS, Ex- Dhristi, Ex- KSG, Ex- Dhyey)
🧑🎓 Anxiety is a natural phenomenon before and during exam hours. It comes to everyone, irrespective of his personality and exam preparation.
If you are looking for ways to overpower that fear and optimise you performance, do watch this insightful video, another in the series of UPSC EXAM DIARYby Srikant Bhagat sir (Ex- Vision IAS, Ex- Next IAS, Ex- Dhristi, Ex- KSG, Ex- Dhyey)
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 S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.
