“Telegram Secures $330M in New Capital via Bonds Offerings”
Telegram founder and CEO Pavel Durov said on his channel today that the company secured $330 million in investment through bond sales last week.
“This bond offering was oversubscribed, and we were delighted to have global funds of the highest caliber with impeccable reputations as participants.
The maturity for the bonds is either 2026 or when Telegram goes public, whichever is earlier.
The chat app, which has more than 900 million users, issued bonds worth $210 million last year.
Earlier this month, the company announced that personal users can convert their accounts to business accounts by paying a subscription fee.
