Telegram is placing bonds for $750 million
The month is gradually coming to an end, which means that large companies are preparing for new achievements in May. And that is why many organizations are starting to re-sell their securities. After all, this is how you can get the missing funding, invest in new technology and win in the long run. So it comes as no surprise that Telegram is placing its new bonds. The total cost of which exceeds as much as $ 750 million. Today we will tell you about this event, describe its significance for the company and the digital market as a whole. So let’s get started.
Who is behind the sale?
We are talking about huge, simply colossal amounts. Which, as you understand, must be supported by something. Fortunately, an excellent reputation of the creator of the organization has been working on Telegram for a long time. Pavel Durov’s credit of trust is truly inexhaustible. And even the unsuccessful start of the TON coin practically did not affect the market positions of Telegram. The service is still selling well, it is regularly used by millions of customers around the world.
But, obviously, the company needs to grow and not stop there. That is why this time, Telegram went to partners from JPMorgan to carry out the sale of bonds. Together with this American giant, Russian companies and Singapore financial structures joined the organization. Thus, there is no doubt that the sold securities will reach their owners within the specified time frame. And the date of receipt of bonds into circulation is set for May 6. It is on this day that all owners of securities will become full-fledged investors in Telegram.
How much do Telegram bonds cost?
We hasten to upset all those who wanted to invest in the company. This is not the case. The fact is that bidders enter the event with a capital of half a million dollars. And even if you have that kind of money, you won’t be able to take part in this sale. Because, as Bloomberg says, all the seats have already been allocated. Based on the available information and company statistics, one bond will sell for $ 1,000 apiece. Its validity period is determined until 2026.
Most of the documents will go to Asian companies. Approximately 40% will go to American entrepreneurs and only one tenth of all bonds will go to Russian businessmen. At the moment, unless the lazy invests in Telegram. Since already several of the largest Arab companies, American and European organizations have begun public partnerships with Pavel Durov and his project. Including world-class enterprises in oil production, gas processing and other highly profitable areas. Even companies from the territory of the countries of the former Soviet Union do not deny themselves the pleasure of buying Telegram securities. The application is especially popular with Russian companies.
And the messaging service isn’t going to stop there. As early as 2023, we may well see the next big sale of stocks. By that time, the number of bonds, which at this second is about $ 1.75 billion, will noticeably grow. It’s just a matter of a short time. And if you are also interested in investments and are going to become a Telegram shareholder, it is extremely important to follow the news of the world of finance and Blockchain. After all, understanding the dates of the next IPO is a sure way to successfully invest money and make money on productive cooperation with Telegram. Find out about all the news with us. We publish only high-quality, interesting material. Thanks for attention. Good luck!