Telegram Raises $1.7B in Convertible Bonds Amid Strategic AI Integration Plans

Telegram Raises $1.7B in Convertible Bonds Amid Strategic AI Integration Plans

Telegram has secured $1.7 billion through a convertible bond offering, reinforcing its financial structure while signaling broader strategic ambitions. The five-year bonds carry a 9% coupon rate. Of the total raised, $955 million will refinance outstanding debt maturing in 2026, with the remaining $745 million allocated to support operational growth. The offering attracted significant investor interest, leading to an expansion from the initia...

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