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... cryptocurrency news