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BTCC / BTCC Square / Global Cryptocurrency /
Telegram Secures $1.5B Bond Sale Backed by BlackRock, Citadel Amid CEO Legal Probe

Telegram Secures $1.5B Bond Sale Backed by BlackRock, Citadel Amid CEO Legal Probe

Author:
Global Cryptocurrency
Published:
2025-05-28 17:59:01
15
3

Telegram is advancing with a $1.5 billion bond issuance, attracting heavyweight investors including BlackRock, Citadel, and Abu Dhabi’s Mubadala. The five-year debt offers a 9% yield and includes an equity conversion option should the messaging platform pursue a public listing. Proceeds will primarily retire remaining obligations from its 2021 bond sale.

CEO Pavel Durov faces travel restrictions in France amid an investigation alleging insufficient action against illegal content on Telegram. Durov maintains compliance with all legal requests, calling the charges baseless. The bond sale proceeds despite these headwinds, signaling institutional confidence in Telegram’s financial trajectory.

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