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mintyq
@mintyq
The Wall Street Journal, Telegram plans to issue at least $1.5 billion in five-year bonds with an annual interest rate of 9% to buy back debt issued in 2021 and will expire next year. Investors include existing supporters, Abu Dhabi sovereign fund Mubadala, and newly joined hedge fund Citadel. Bondholders can convert shares at a discounted price when Telegram is listed in the future.
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