Telegram is about to sell $1.5 billion in 5-year bonds with an interest rate of 9% per year. Old creditors such as BlackRock and the Mubadala fund continue to invest, and the Citadel fund is also participating. The raised funds will be used to repay the old bonds maturing in 2026.

Investors purchasing bonds this time will have the right to buy Telegram shares at a 20% discount if the company goes public.