Today, the Wall Street Journal revealed that Telegram is about to raise 1.5 billion dollars, and the price of TON immediately reacted with a +4% in just a few minutes.
Investments in Telegram and the TON Ecosystem
The news reported by the Wall Street Journal reveals that Telegram is ready to raise 1.5 billion dollars by issuing bonds. The financing would come from Citadel, along with BlackRock and Mubadala.
The bond issuance will be used to repurchase previous debts, and it will have a duration of 5 years with a yield of 9%.
In particular, the proceeds from this financing will be used to repurchase bonds previously issued by Telegram, maturing in March 2026, and a portion of which (400 million dollars) have already been repurchased.
This time, those who purchase the new bonds will also have the right to convert their debt into shares, at a discounted price, should the company decide to go public in the future.
These investments suggest that investors continue to belie
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