Telegram is raising at least $1.5 billion through a new bond offering, according to The Wall Street Journal. The bond carries a 9% yield with a five-year maturity and offers investors the option to convert holdings into Telegram shares if the company goes public. The upcoming funding round reflects investor confidence in Telegram’s growth despite founder Pavel Durov’s ongoing legal issues abroad. Durov and Telegram assert they have complied with all binding legal requests and deny wrongdoing. Telegram turned a $540 million profit in 2024 on $1.4 billion in revenue and projects $700 million in profit for 2025 as monetization tools expand.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Telegram is raising at least $1.5 billion through a new bond offer, according to the Wall Street
00:07Journal. Bond carries a 9% yield with a five-year maturity and offers investors the option to
00:11convert holdings into Telegram shares if the company goes public. The upcoming funding round
00:16reflects investor confidence in Telegram's growth, despite founder Pavel Durov's ongoing legal
00:21issues abroad. Durov and Telegram assert that they have complied with all binding legal requests
00:25and deny wrongdoing. Telegram turned a $540 million profit in 2024 on $1.4 billion in revenue and
00:33projects $700 million in profit for 2025 as monetization tools expand.
00:37For all things money, visit Benzinga.com slash GSTV.