Telegram has secured a substantial investment of $1.7 billion through the issuance of convertible bonds. This move will allow the company to refinance outstanding debt, totaling $955 million due in 2026, while also raising an additional $745 million. These new bonds carry a coupon rate of 9%, which represents a significant increase from the initial bond offerings issued back in 2021, with investors having the option to redeem the bonds at 80% of their IPO price if Telegram reaches an Initial Public Offering (IPO). The company currently boasts over 1 billion active users and anticipates exceeding $1 billion in revenue by 2024. With ample cash reserves totaling over $500 million, excluding cryptocurrency assets, Telegram is well-positioned to manage its finances effectively going forward.