Telegram raises $1.7 billion convertible bond to fund debt swap

Telegram raised $1.7 billion through convertible bonds to refinance debt and extend its maturity, including a $955 million tender offer for debt due in 2026. The transaction also secured $745 million in new funds.

Telegram raises $1.7 billion convertible bond to fund debt swap
Telegram raised $1.7 billion through convertible bonds to refinance debt and extend its maturity, including a $955 million tender offer for debt due in 2026. The transaction also secured $745 million in new funds.

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