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March 23, 2021 03:30 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/dDAcnuH0GMI/telegram-raises-over-1-billion
Telegram Raises Over $1 Billion
Telegram has now announced it's pulled in over $1BN in debt financing by selling bonds. From a report: Founder Pavel Durov put out an update via his official Telegram channel after a press announcement earlier today had revealed the company had taken in $150M from Mubadala and Abu Dhabi Catalyst Partners by selling 5-year pre-IPO convertible bonds. It's not clear where the additional millions in debt funding are coming from -- Durov merely writes that Telegram has sold bonds to "some of the largest and most knowledgable investors from all over the world."Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/dDAcnuH0GMI/telegram-raises-over-1-billion
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