Telegram plans to raise $1.5 billion through bond issuance.
Pavel Durov announced that Telegram will issue five-year bonds at an annual rate of 9% in the near future to raise $1.5 billion and buy back debt from 2021.
Among the participants in the deal are major investors such as BlackRock, Mubadala, and Citadel.
📊 The TON exchange rate reacted to this news with an increase of approximately 6%.
In addition, Telegram will introduce features based on artificial intelligence.