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.
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