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🇭🇰 香港中文本地化
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🇭🇰 香港中文本地化 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%.
A project of our size needs at least a few hundred million dollars per year to keep going,” Mr. Durov wrote in his public channel on Telegram late last year. “While doing that, we will remain independent and stay true to our values, redefining how a tech company should operate.
🇭🇰 香港中文本地化 from USUSA US telegram Group & telegram Channel 10
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Telegram 🇭🇰 香港中文本地化, 1668 Telegram Group & Telegram Channel USA, USTelegram 🇭🇰 香港中文本地化, 1668 Telegram Group & Telegram Channel, Россия, RU
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