Blackrock, one of the biggest Bitcoin holders in the world, would participate in an increase in connection by the friendly messenger telegram from crypto.
Telegram is expected to raise at least $ 1.5 billion in bond issues on May 28, with the support of existing donors like Blackrock and the investment company of Abu Dhabadala, reported the Wall Street Journal.
As part of the sale, Telegram offers investors five -year bonds to a return of 9%, according to the report, citing sources familiar with the problem.
Telegram plans to use the product to buy the remaining debt of the obligations issued in 2021, which are due to maturity in March 2026.
Discounts for the IPO of potential telegram
In addition to holders of existing telegram bonds such as Blackrock and Mubadala, the sale should also bring new investors, including the US company of Citadel Hell Funds.
The WSJ report intervened weeks after Bloomberg reported on the sale of Telegram bonds at the end of April, sources saying that the company held investor meetings concerning a sale of bonds worth around 2 billion dollars to refinance its first debt offer from 2021.
According to the Financial Times, the new Telegram bond offer will allow investors to buy shares in a potential initial public offer with a 20%discount, reflecting the terms of previous bond sales.
This is a story in development; Further information will be added as it will be available.
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